Silver prices soared past $33 per ounce on Friday, nearing a multi year high, driven by a rally in gold prices. Rising tensions in the Middle East, following the death of Hamas leader Yahya Sinwar, and uncertainties around the upcoming US election between Donald Trump and Kamala Harris have increased safe-haven demand for precious metals. Additionally, upbeat economic data from China boosted demand in the top metals consumer.
Powered by Commodity Insights