Silver prices rose on Friday (December 19) and remained near their all-time highs, driven by strong investor interest in safe-haven assets. The weakening US dollar and expectations of lower global interest rates have made silver increasingly attractive, especially amid ongoing economic uncertainty and fiscal concerns.
In addition to investment factors, industrial demand is also a major driver of rising silver prices. Demand from the solar power, electric vehicle, and data center sectors continues to increase, while supply remains relatively tight. This condition keeps silver's fundamentals solid and opens up the opportunity for strong price action in the short term. (alg)
Source: Newsmaker.id
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