New York —

Gold isn’t the only precious metal on a gangbusters rally.

Silver prices have surged roughly 75% this year, boosted by investors seeking out safe havens, plus strong industrial demand and lingering supply deficits.

Spot silver prices hit a record high $51 a troy ounce on Thursday, breaching the $50 threshold for the first time since 1980.

Traders have turned to hard assets like gold and silver this year as safe investmen

📰

Continue Reading on CNN

This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.

Read Full Article →