Silver Prices Soar, Plunge, and Surge Again
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Tuesdays
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Silver prices surged to an all-time high of eighty-four dollars an ounce, driven by a supply-demand gap, a weaker dollar, and geopolitical tensions. However, a sharp drop of over five percent followed, with Elon Musks tweets and a generational bubble frenzy contributing to the volatility. Silver outperformed gold due to thinner markets and low stockpiles, with buyers paying a premium for quick delivery. Spot silver settled at seventy-five dollars ninety-seven cents an ounce, down four point two percent, as exchanges hiked margins to cool speculation. Checkout Solipillow.comThe Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
