Silver Reaches 13-Year High, Surpassing $35/oz Amid Strong Demand

Reported 1 day ago

Silver prices have surged past $35 per ounce, reaching their highest level in over 13 years, driven by strong industrial demand and persistent supply deficits. Analysts noted that industrial uses contribute significantly to global demand, and the current market dynamics suggest a potential for silver prices to rise further, with some forecasts predicting prices could reach $40 or even $50 per ounce in the long term.

Source: YAHOO

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