The precious metal rose to an all-time-high above $64 an ounce on Friday morning, with prices fluctuating wildly. (Photo: Bloomberg) Show Quick Read Summary is AI Generated. Newsroom Reviewed
Silver jumped for a fourth day, as exchange-traded fund inflows, momentum-following and physical market tightness pushed the white metal toward its best year since 1979.
The precious metal rose to an all-time-high above $64 an ounce on Friday morning, with prices fluctuating wildly. Silver has gained about 10% this week, bolstered by dovish signals from the Federal Reserve, which made an expected rate cut and pointed to signs of weakening in the US labor market. Lower rates are a tailwind for non-interest bearing precious metals like silver.
Most analysts said the scale of the advance was diff

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