The spot silver price has successfully surpassed the $90 per ounce mark, signaling strong momentum in this precious commodity market. According to market data, the white metal has experienced daily surges of over 5% in recent days, with an impressive recovery of more than $18 since hitting its previous low. This significant movement reflects strong buying pressure on silver after previous selling pressure. This positive momentum indicates that silver continues to break through key resistance levels, attracting the attention of precious metal investors and commodity traders seeking diversification.
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The spot silver price has successfully surpassed the $90 per ounce mark, signaling strong momentum in this precious commodity market. According to market data, the white metal has experienced daily surges of over 5% in recent days, with an impressive recovery of more than $18 since hitting its previous low. This significant movement reflects strong buying pressure on silver after previous selling pressure. This positive momentum indicates that silver continues to break through key resistance levels, attracting the attention of precious metal investors and commodity traders seeking diversification.