Silver prices extended their gains as improving industrial demand and continued investor interest supported the metal. Apart from being a precious metal, silver plays a crucial role in industries such as solar energy, electronics and electric vehicles, making it sensitive to global manufacturing activity. Strong expectations for clean energy investments have also boosted long-term demand prospects. (reuters.com)
Commodity experts believe silver may continue to outperform if industrial production remains strong and investment demand improves further. However, fluctuations in the US dollar and changes in interest rate expectations could keep prices volatile over the coming weeks.
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