Silver Price Hike LIVE: Silver Hits $60/Ounce For First Time; Gold Rises Too On Fed Rate Cut Hopes
Автор: Firstpost
Загружено: 2025-12-10
Просмотров: 2618
Описание:
Silver is experiencing an extraordinary surge, climbing past $60 an ounce and marking its strongest twelve-month rally since 1979. Prices have nearly doubled this year, hitting five new records in eight sessions, driven not by speculation but by powerful demand. Silver now serves two roles: a safe-haven asset for investors and an essential industrial metal used in solar panels, batteries, semiconductors, medical devices and advanced electronics. With clean-energy needs rising, miners cannot keep pace, and global stockpiles are shrinking. Analysts say this supply-demand imbalance could last for years, potentially signaling a new monetary era for silver.
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