Money and business

A record high…the price of an ounce of silver reaches $100 for the first time


Report $100 for the first time on Friday, against the backdrop of the metal strengthening its position as a safe haven amid uncertainty raised by the US President’s policies.

An ounce registered The price of an ounce of silver

In parallel, the price of an ounce of gold rose to nearly five thousand dollars, amid investors’ increasing demand for the preferred metal in times of economic turmoil.

The chief market analyst at the company said "Want Nation" David Morrison’s Silver Performance "He excels exceptionally" Even on the performance of gold.

Silver supplies

The world is witnessing a scarcity of silver supplies, amid investors rushing to acquire the metal in order to use it in data centers for artificial intelligence.

On October 9, the metal reached a record level of $50 per ounce, which was the highest since 1980.

Related Articles

Back to top button