In the world of precious metals, silver often takes a backseat to gold but today, the so-called ‘Devil’s metal’ is hogging the limelight. Silver prices have broken out of a bullish correctional trend line today, reflecting a speculative fervor in the market. This significant move is largely attributed to an increased risk appetite among traders and smart money shifting away from traditional safe havens. An uptick in industrial demand could be another contributing catalyst. However, analysts caution against excessive optimism, as market dynamics can shift unpredictably. Despite this, the current trend indicates a continued bullish outlook for silver that, for the time being, is making the grey metal shine brighter than gold. Read More
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