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The precious metals market is once again on the rise, with spot silver leading the charge
Recently, positive news has emerged from the commodity market. According to the latest market data, spot silver performed remarkably well, with prices surging above $73 per ounce, a daily increase of 2.14%, significantly outperforming other commodities during the same period.
At the same time, spot gold has not lagged behind. Gold prices once again hit new highs, breaking through the $4350 per ounce mark. Although today's gains were relatively moderate, a daily increase of 0.74% was still recorded.
Overall, both spot silver and gold are rising together, reflecting the market's continued focus on the safe-haven demand for precious metals. The correlation between the two remains evident.