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Silver Futures at Highest Level Since 2014

M. Ali 21 July, 2020 9:34 pm Commodities, Market Update

Silver prices rose on Tuesday to their highest level since 2014, increasing by more than 80% from its lowest registered earlier this year.

Increased demand on safe havens is helping the white metal maintain a rising streak, coping with the recent surges in gold prices.

Silver futures advanced by roughly 6.6% to trade at $21.52 per ounce.

Yesterday, silver prices rose to their best level in about four years, after exceeding the $20 per ounce mark for the first time since September 2016.

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