Silver prices continue to rise rapidly.

05.02.2025 14:30

With the increase in global risks, gold is not the only precious metal breaking records. The rapid rise in silver prices is also continuing the trend. Silver per ounce has increased by 1.09%, reaching up to $32.47.

Amid the shadows of global trade wars, geopolitical tensions remain high with statements from U.S. President Trump, leading to a decrease in risk appetite in the markets and an increase in gold and silver prices. Following President Donald Trump's remarks regarding Washington's plan to "take over" the Gaza Strip, geopolitical tensions escalated, causing gold and silver prices to rise.

SILVER BREAKS RECORDS AFTER MONTHS

The implementation of additional tariffs by the U.S. on China and the resulting trade uncertainties from China's retaliation have directed investors towards safe havens, supporting silver prices. Silver rose by 1.09% to reach $32.47 per ounce, a level not seen since November 6. The price of silver per gram also increased to 37.57 TL, reaching its highest value since October 10.

Silver prices continue to rise rapidly.

With the increase in global risks, gold is not the only precious metal breaking records. The rapid rise in silver prices is also continuing the trend. Silver per ounce has increased by 1.09%, reaching up to $32.47.

SILVER BREAKS RECORDS AFTER MONTHS

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