On Tuesday, silver reached a new all-time high of $71.045 per ounce, marking a 3.62% increase. This record figure reflects heightened investor interest in precious metals amidst current economic conditions. Experts attribute the rise in silver prices to several factors, including inflationary expectations and uncertainty in global financial markets. Analysts anticipate that the demand for silver, used in various industrial sectors as well as for investment purposes, will remain strong in the near future.
Silver Hits New All-Time High
On Tuesday, silver reached a new all-time high of $71.045 per ounce, marking a 3.62% increase. This record figure reflects heightened investor interest in precious metals.