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Spot Silver Continues to Soar, Refreshes Record High Above $83
Summary: According to reports, international spot silver broke through $80 per ounce on Monday and continued to soar, reaching a record high above $83, continuing its historic rally as the year-end approaches. Spot silver has risen for the sixth consecutive trading day, closing up 10% last Friday, marking the largest single-day gain since 2008. Spot silver ...
According to reports, international spot silver broke through $80 per ounce on Monday and continued to soar, reaching a record high above $83, continuing its historic rally as the year-end approaches. Spot silver has risen for the sixth consecutive trading day, closing up 10% last Friday, marking the largest single-day gain since 2008. Spot silver has surged over 185% this year, potentially achieving its best annual performance since 1979. Analysts attribute the recent surge in silver to speculative fund inflows and continued supply disruptions following a squeeze in major trading centers in October.
