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Silver has plunged 50% from its January peak to $60. Why it could hit $130 next year
Silver prices have dropped almost 50% from their record peak in January after a trading frenzy in the metal came to an abrupt end. This comes despite demand for the metal remaining stronger than ever, which could help lift prices into next year. Aside from its role as a precious metal, silver has become known for its industrial uses, including electronics, solar and military defense, artificial-intelligence data centers, and electric vehicles. That dual purpose could now mean a disconnect has developed between silver's traded value and its importance as a critical material. The "core demand story" for silver ... (full story)
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