
Silver Hovers Near Record Highs

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Silver prices have surged above $65.5 per ounce, nearing record highs due to strong fundamentals and debasement trade. The metal has gained over 120% year-to-date, driven by investor demand amid economic uncertainty. Record inflows into silver ETFs and robust industrial demand from sectors like solar and EVs support the trend. Supply constraints in the London market are expected to continue through 2026.
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