During trading hours in New York, silver recorded an extraordinary achievement by breaking through $120 per ounce for the first time. Data reported by ChainCatcher from the Jinshi platform shows that silver futures on the New York exchange surged 5.73% in a single trading day, a historic record-breaking milestone.

This significant movement reflects the strong momentum that has been building since the beginning of the year. Throughout the period from January to mid-February, the precious metal has climbed nearly $50 from its base price, indicating a consistent positive trend in the commodities market.

Reaching the $120 per ounce level marks an important moment for silver investors, as the resistance that was previously difficult to break through has now been shattered during the intense trading hours in New York.