The price of silver has been steadily increasing this year. Getty Images/iStockphoto

Talk surrounding the price of gold is ubiquitous. And that was certainly the case this week after the precious metal surged past yet another price record, this time breaking the $4,000 per ounce mark. That left the price of the metal almost 100% higher than it was just from the start of 2024, making it one of the most profitable investments to consider right now.

But it's not the only precious metal worth investing in now. Nor is it the only one on a remarkable, upward price swing.

Silver is, too.

How far has the price of silver risen so far this year, though? Is it a suitable, affordable alternative to gold ? And what can cause the price to rise even higher? Below, we'll detail the ans

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