Silver prices rose on Friday (November 7th) due to a combination of two main factors: strong industrial demand, particularly from the technology and renewable energy sectors, and a worsening supply deficit, which has made the white metal increasingly scarce.
Furthermore, expectations of monetary policy easing by the Federal Reserve and a weakening US dollar have also strengthened silver's appeal as an alternative asset, encouraging investors to invest in the white metal. (alg)
Source: Newsmaker.id
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