Since the beginning of 2024, the price of silver has increased by 28%, making it one of the best performing metals of the year.
The price of silver on Friday, May 17, exceeded $30 per ounce for the first time in over a decade. Bloomberg writes about it.
The precious metal rose 2.4% to $30.4 an ounce, its highest level since February 15, 2013.
Overall, the price of silver is up 28% since the beginning of the year, making it one of the best performing metals of the year.
The increase in the price of silver occurs against the backdrop of high demand for this metal.
Let’s recall that in early April, world gold prices set another record, exceeding $2,400 per ounce for the first time in history. Since the beginning of the year, the precious metal has increased in price by more than 14%.
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.