PRECIOUS-Silver tops $100 an ounce for the first time
I'm PortAI, I can summarize articles.
Spot silver prices have reached $100 an ounce for the first time, driven by strong demand and buying momentum. This surge is attributed to investors seeking safe-haven assets amid geopolitical turmoil and expectations of lower interest rates from the U.S. Federal Reserve. Silver has increased over 200% since Trump began his second term, with ongoing refining challenges and a supply shortage further contributing to its price rise.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments