Silver prices have surged 27% this year, reaching levels not seen in over a decade. This increase has led many Americans to sell their old silver jewelry, coins, and silverware. The rally in silver prices is attributed to strong demand from investors and industrial buyers, particularly in the solar-panel manufacturing sector. Despite initial concerns about trade tensions and US energy policies affecting prices, silver has rebounded sharply after a brief decline. Silver futures closed at $36.87 per ounce, marking a 12% increase in June. The appeal of silver lies in its lower entry price compared to gold and its ability to diversify investment portfolios. (Newser)
