Silver Falls 5%, Still Posts Best Year Ever
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Silver prices fell over 5% to $72 per ounce on Wednesday after reaching a record high of $86.62 earlier in the week, as investors took profits. Despite this decline, silver has increased more than 150% year-to-date, marking its best year ever. Factors contributing to this surge include its status as a critical mineral in the US, supply constraints, and rising demand. Analysts predict continued support for silver due to strong interest and supply tightness, alongside expectations of monetary easing by the US Federal Reserve in 2026.
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