Spot silver prices have experienced a significant surge, breaking the $90 per ounce barrier in recent hours. According to Jin10 data, this precious metal recorded a daily gain of over 5%, strongly recovering from the lows reached in the previous session when it was trading more than $18 below current levels.
The rising volatility in the silver ounce reflects substantial buying pressure in the commodities markets, with investors taking advantage of previous dips to accumulate positions in this precious metal that has shown an upward momentum in recent sessions.
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The Price of the Silver Ounce Soars Above $90
Spot silver prices have experienced a significant surge, breaking the $90 per ounce barrier in recent hours. According to Jin10 data, this precious metal recorded a daily gain of over 5%, strongly recovering from the lows reached in the previous session when it was trading more than $18 below current levels.
The rising volatility in the silver ounce reflects substantial buying pressure in the commodities markets, with investors taking advantage of previous dips to accumulate positions in this precious metal that has shown an upward momentum in recent sessions.