Spot silver extends rally to hit $75 per ounce for first time
FILE PHOTO: Gold and silver bars are stacked in the safe deposit boxes room of the Pro Aurum gold house in Munich, Germany, January 10, 2025. REUTERS/Angelika Warmuth/File Photo
Dec 26 : Spot silver climbed to $75 an ounce on Friday, supported by robust industrial and investment demand, tightening inventories, geopolitical tensions and expectations of further U.S. interest rate cuts.
Silver prices rose 3.5 per cent to $74.46 per ounce by 0229 GMT, after touching an all-time high of $75.14 earlier in the session.
Source: Reuters
