Rolling coverage of the latest economic and financial news
Silver has enjoyed an explosive surge this month. It hit $22.8 per ounce this morning for the first time since 2014, meaning it’s rallied by over 20% since the start of July.\nSilver is an intriguing commodity to track. Like gold, it can be popular with investors trying to protect themselves against inflation. But unlike gold, it is used in a range of industrial applications such as solar panels and switches. That means it can benefit from economic optimism, as well as speculation.
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