Silver Price Rise to Record Highs
Silver, the less popular of precious metals, is experiencing a remarkable resurgence, breaking a four-decade-old price record to hit $53 per ounce.
The current rise is mostly due to increased demand for silver as both an industrial metal and a traditional safe-haven asset. About 60% of silver's use originates from industrial applications, driven by the world's move towards green energy and advanced technology telecommunications.
Notably, silver's gains have been far bigger than gold's, which were already outstanding. This is largely because gold price is primarily driven by investment demand, whereas silver's structural demand has skyrocketed.
The world is moving toward green energy and advanced technology telecommunication.
Author's summary: Silver price hits record high due to industrial demand.
More News
- Fort Bend Commissioner Dexter McCoy joins 2026 county judge race
- Charlie's Holdings Announces Opening of US Manufacturing Facility and First Shipments to Texas Customers
- MCCOY definition and meaning | Collins English Dictionary
- Tour news: Rosalía, Taskmaster, Don Letts & Daddy G, De La Soul, LCD Soundsystem, Amyl & The Sniffers, Lily Allen, more
- [Commissioner Dexter McCoy launches bid for Fort Bend County judge, citing need for new leadership]
- Read Customer Service Reviews of charlies.co.uk
- Erika Kirk on gun violence being root problem that led to Charlie's murder, ‘I support the…’ | Hindustan Times
- Why Redwire Stock Collapsed 30% Last Month
- From 2600% gain to 86% wipeout, crypto’s hottest trade collapsed
- Cienega Fine Arts Showcase 2025 Highlights