Silver prices rallied again on Tuesday (December 9th), fueled by market expectations that the Federal Reserve will soon cut interest rates. Lower interest rates make silver, a "zero-yield" asset, more attractive than bonds or deposits. At the same time, the weakening US dollar has also boosted silver's appeal to global investors.
Beyond monetary factors, industrial demand for silver is also high. Silver is widely needed in the electronics, solar panel, and green technology sectors, while global supply remains tight. The combination of substantial industrial demand and investment interest has driven silver prices soaring, reinforcing the white metal's bullish trend this year. (alg)
Source: Newsmaker.id
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