Gold prices ease, silver hits record
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The precious metal has been under pressure for years as data centers and electric vehicles supercharge demand and as new tariffs loom.
AI's rapid growth is driving demand for computing power and silver-rich chips like GPUs and TPUs that rely on high-performance semiconductors.
Silver prices continued their record-breaking climb, closing above $60 a troy ounce for the first time. Futures for delivery later this month added $2.39 an ounce, or 4.1%, to close at $60.169. The fr
Tight supply and growing demand is driving tin toward an all-time price high of $50,000 a ton, eclipsing the record $47,800/t reached three years ago.
Discover why New Pacific Metals (NEWP) is now rated Buy—see project progress, silver price impact, and investment potential.
Silver surged to a record high as soaring ETF inflows, rising industrial demand, expectations of a Fed rate cut, and a falling gold-silver ratio point to a continued rally toward $62 and potentially $100.
Silver is on a parabolic rally. Retail investors are driving the move, much like they did during the recent gold surge, because its price tag feels more accessible.
A good is considered economically “inferior” when demand for it generally falls as incomes rise. As the price of silver has gone up, investment demand has increased sharply.
Silver trades in a choppy but constructive pattern as prices test the $60 level. Pullbacks remain favored buying opportunities ahead of the Federal Reserve decision, with support zones eyed near $57.50 and $55 and resistance above $60.