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5 days agoSilver surges past $60 an ounce as rate cut hopes and tech demand tighten supplies
Global commodity markets witnessed a sharp rally in silver prices as the metal crossed the $60 per ounce mark for the first time in spot trading. The rise comes ahead of an expected US Federal Reserve interest rate cut, which typically weakens the dollar and boosts demand for precious metals. Strong investment flows into safe-haven assets and heavy industrial demand from electric vehicle and solar panel manufacturers have further tightened supply.
BBC• By Pooja Kumari
Explore:High Return Equity Mutual Fund
neutral
5 days agoSilver surges past $60 an ounce as rate cut hopes and tech demand tighten supplies
Global commodity markets witnessed a sharp rally in silver prices as the metal crossed the $60 per ounce mark for the first time in spot trading. The rise comes ahead of an expected US Federal Reserve interest rate cut, which typically weakens the dollar and boosts demand for precious metals. Strong investment flows into safe-haven assets and heavy industrial demand from electric vehicle and solar panel manufacturers have further tightened supply.
BBC• By Pooja Kumari
Explore:High Return Equity Mutual Fund
1 min read
71 words
Silver prices touched a record high above $60 an ounce as expectations of a US rate cut, safe-haven buying, and strong EV and solar sector demand tightened global supplies.
Global commodity markets witnessed a sharp rally in silver prices as the metal crossed the $60 per ounce mark for the first time in spot trading. The rise comes ahead of an expected US Federal Reserve interest rate cut, which typically weakens the dollar and boosts demand for precious metals. Strong investment flows into safe-haven assets and heavy industrial demand from electric vehicle and solar panel manufacturers have further tightened supply.
Global commodity markets witnessed a sharp rally in silver prices as the metal crossed the $60 per ounce mark for the first time in spot trading. The rise comes ahead of an expected US Federal Reserve interest rate cut, which typically weakens the dollar and boosts demand for precious metals. Strong investment flows into safe-haven assets and heavy industrial demand from electric vehicle and solar panel manufacturers have further tightened supply.
Dec 10, 2025 • 06:31