Silver prices surged to a record high of $93 earlier this week and were trading around $90 an ounce Friday morning. The rally has come amid strong industrial demand and rising investor interest, as uncertainty around trade policy, inflation and the interest-rate outlook has lifted interest in precious metals. Since January 2025, the spot price of silver has climbed from about $30 an ounce to roughly $93 at its recent peak, for a gain of about 210% as of Thursday afternoon. Unlike gold, which is

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