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Silver Hits Its Highest Level in 13 Years on Weaker $ and Solid Demand, Says Experts
The Daily Guardian
|June 06, 2025
Silver prices on Thursday crossed USD 35 mark per ounce and hit its highest level since March 2012, boosted by a combination of factors such as weaker US dollar, rising geopolitical tension and robust industrial demand.
"With the trust in dollar decreasing silver appears to be a good avenue for money to move to and the Gold Silver ratio was recently above 1.10 so the only way forward was either silver prices rise up or gold prices fall, and that's what has happened silver has risen far more than gold," said Mrinesh Jain Director, Bombay Bullion Metal Hub LLP.
This story is from the June 06, 2025 edition of The Daily Guardian.
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