Silver prices soar in last 30 days
Over the past month, silver has continued a remarkable run in global markets, climbing sharply in value and reaching historic price levels.
The precious metal surpassed $60 per ounce for the first time, a milestone driven by strong industrial demand, inventory tightness, and investor interest in precious metals amid economic uncertainty. Retail and institutional demand has been robust, particularly as silver plays a key role in technologies like electronics and renewable energy, adding to its appeal beyond traditional safe-haven status. Price charts show that silver’s market value has risen significantly compared with a month ago, maintaining elevated levels and contributing to broad precious metals strength.
However, analysts highlight that this rally has brought heightened volatility, and some price corrections have occurred along the way. Market watchers are balancing optimism about future gains with caution around short-term swings.
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