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Silver Hits Highest Level in 13 Years on Weaker USD and Solid Demand, Say Experts
The Business Guardian
|June 06, 2025
Silver prices on Thursday crossed the USD 35 mark per ounce and hit their highest level since March 2012, boosted by a combination of factors such as a weaker US dollar, rising geopolitical tension, and robust industrial demand.
"With the trust in the 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 rising or gold prices falling, and that's what happened; silver has risen far more than gold," said Mrinesh Jain, Director, Bombay Bullion Metal Hub LLP.
यह कहानी The Business Guardian के June 06, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
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