Spot silver prices climbed above $36 per ounce during Thursday’s trading session, marking a 1.93% intraday increase as the white metal continued its recent upward trajectory. The move comes amid broad strength in precious metals, with both gold and silver benefiting from shifting market sentiment.
The rally reflects growing investor interest in alternative assets amid ongoing economic uncertainty and expectations for potential monetary policy easing in major economies. Silver’s dual role as both a monetary metal and industrial commodity appears to be attracting renewed attention from market participants.
Industrial Demand Meets Investment Flows
Market analysts note that silver’s advance is being supported by multiple factors, including expectations for stronger photovoltaic demand in the solar energy sector alongside traditional safe-haven buying. The metal’s breakout above the $36 level represents a significant technical development that could attract additional momentum-driven trading activity.
The precious metals complex continues to demonstrate resilience despite recent volatility in other asset classes, with silver often exhibiting amplified movements relative to gold during market upswings. Traders will be monitoring whether the white metal can sustain these gains as it approaches potential resistance levels near recent highs. Industrial users may face higher input costs if the rally persists through the coming weeks.
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