Urgent: A new record.. The price of silver exceeds $113 per ounce
Register set a new record on Monday, surpassing reached $113 for the first time in history, according to trading data.
The data revealed a rise in for next March on the Comex Stock Exchange in New York increased by 12.02%, reaching $113,502 per ounce.
Silver Price Today
Since the beginning of this year, silver prices have recorded gains approaching 60% on global stock exchanges.
This recorded the best annual performance of the metal since 1979, while the percentage of its rise in the local market amounted to about 51%.
Conditions supporting the rise of silver
The escalation of risk aversion remains one of the most prominent factors supporting silver prices, in addition to the continuing pressure on the US dollar.
This comes in light of expectations of lowering interest rates and the continued state of political uncertainty in Washington, which enhances the attractiveness of dollar-denominated metals for foreign investors.
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