Why Is Silver Surging? #silver #metal #trader #shorts

Market Trends - Silver prices surged to a record high of approximately $53 per ounce [1] - Silver has delivered returns of over 80% this year [1] - A lack of liquidity in London has triggered a global surge in silver demand, causing benchmark prices to exceed those in New York [1] Risk Factors - Trade warfares are contributing to the silver price frenzy [1] - The market is sensitive to potential tariffs on critical minerals, including silver, platinum, and palladium, following Washington's Section 232 probe [2] - Unlike gold, the silver market lacks the support of substantial central bank reserves, making it vulnerable to liquidity crunches and sharp price fluctuations [2] Investment Opportunities - Some traders are using transatlantic flights to transport silver to London to capitalize on higher prices [1] - Silver is gaining prominence alongside gold and is expected to maintain its position [2]