Gold and silver settle at record highs
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Compared to other precious metals options, "Silver likely offers stronger return potential," Chandaria says. "Its smaller market size, tighter supply-demand balance, and growing industrial relevance mean that investment inflows can drive larger percentage gains compared to gold."
All in all, silver might be on its way to soar to $120 in the following weeks; however, if we get a turnaround in the Greenland situation and the situation de-escalates, the entire precious metals sector, including silver, could decline in the short and medium term.
Spot gold price surged past the psychological milestone of $4,800 an ounce for the first time, as safe-haven demand kept bullion a favored asset. Silver prices also scaled a peak of $95.87 an ounce.
Prices for gold and silver stayed near all-time highs even as global stocks and futures sold off amid increasing geopolitical tensions.
Geopolitical uncertainty and a continuation of last year's demand trends keep driving the price of silver to unprecedented heights so far in 2026. But how sustainable is the upward climb?
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What is the price of silver today?
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Our decision to stake these additional claims was driven by our enhanced understanding of the geological system governing the Prince Project area, the strength and consistency of the mineralization encountered in our ongoing 9,