Silver has reached a historic milestone in its spot price. It was reported that in December last year, the price of silver surpassed $69 per ounce for the first time ever. Notably, it has increased approximately 139% so far this year, indicating that demand for silver as a safe-haven asset continues to grow amid global economic uncertainties and inflation concerns. Experts interpret the $69 breakthrough as more than just a price increase, viewing it as a signal reflecting a shift in market sentiment, and some also suggest the potential for further gains depending on future global economic variables.
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Silver has reached a historic milestone in its spot price. It was reported that in December last year, the price of silver surpassed $69 per ounce for the first time ever. Notably, it has increased approximately 139% so far this year, indicating that demand for silver as a safe-haven asset continues to grow amid global economic uncertainties and inflation concerns. Experts interpret the $69 breakthrough as more than just a price increase, viewing it as a signal reflecting a shift in market sentiment, and some also suggest the potential for further gains depending on future global economic variables.