
Silver prices are expected to achieve a weekly increase of about 10% and move towards the strongest annual performance since 1979
Silver prices have risen for the fourth consecutive day, driven by inflows into exchange-traded funds, momentum trading, and tight supply in the physical market, propelling the metal towards its strongest annual performance since 1979. So far this year, silver prices have increased by 120%, surpassing gold's 65% rise. According to Bloomberg's calculations, the key to the recent increase in silver prices lies in the inflow into silver ETFs, which have added 35 million ounces of silver holdings in just the past month

