The global precious metals market is experiencing a strong surge in silver prices. Spot silver, which serves as a benchmark for investors, has increased by 3% to $80.84 per ounce. At the same time, futures contracts for the white metal on the New York trading system show an even more optimistic trend — they have risen by 4% and are trading at $80.75 per ounce.
This simultaneous rise in both spot prices and futures quotes indicates increased market attention to silver. According to the analytical platform Jin10, these figures reflect growing investor interest in precious metals as a tool for portfolio diversification and capital preservation during an unstable economic situation.
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The snow-white metal is at the peak of popularity: silver shows rapid growth in global markets
The global precious metals market is experiencing a strong surge in silver prices. Spot silver, which serves as a benchmark for investors, has increased by 3% to $80.84 per ounce. At the same time, futures contracts for the white metal on the New York trading system show an even more optimistic trend — they have risen by 4% and are trading at $80.75 per ounce.
This simultaneous rise in both spot prices and futures quotes indicates increased market attention to silver. According to the analytical platform Jin10, these figures reflect growing investor interest in precious metals as a tool for portfolio diversification and capital preservation during an unstable economic situation.