ru24.pro
News in English
Сентябрь
2024

China stimulus, mighty gold puts silver on a streak, but not without risk

0

Silver prices have bubbled up to their highest in over a decade on the back of bullion's stellar bull run and China's stimulus measures, although some analysts expect the rally to fade as industrial sector demand remains a concern.

Spot silver - both an investment asset due to its relationship with gold and an industrial metal - rose to $32.71 per ounce on Thursday, its highest since December 2012, and has gained more than 35% so far in 2024, leading the precious metals complex.