Summary
- It reported that spot silver prices rose to $114.61 an ounce, setting an all-time high.
- It reported that spot silver prices jumped by more than 11% from the previous day.
- It said the surge in silver prices is being sustained alongside rising safe-haven demand across precious metals.
Spot silver prices surged to a record high.
According to Walter Bloomberg, an economic newsflash account, spot silver (Spot Silver) rose to as high as $114.61 an ounce on the 26th (local time), marking an all-time high. That is up more than 11% from the previous day.
Silver has been extending its rally as safe-haven demand across precious metals broadens. Gold prices have also repeatedly notched record highs.
JH Kim
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