In metals we trust: Sizzling silver surges past $100/Oz
Silver reached an unprecedented $100 per ounce for the first time, while gold neared $5,000 per ounce. This surge is driven by geopolitical uncertainties, a declining dollar, and strong industrial demand for silver, particularly from EV, semiconductor, and solar sectors. Analysts also cite a historic short squeeze in silver and China’s export controls as contributing factors.🕒 1 min read
Silver reached an unprecedented $100 per ounce for the first time, while gold neared $5,000 per ounce. This surge is driven by geopolitical uncertainties, a declining dollar, and strong industrial demand for silver, particularly from EV, semiconductor, and solar sectors. Analysts also cite a historic short squeeze in silver and China’s export controls as contributing factors.
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