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Commodities

Silver Futures Surge Past $69 Mark Amid Geopolitical Tensions

Guavy AI Editorial Team
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Silver
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Silver futures opened at $69.34 per ounce on August 24, reflecting a slight decline of 0.3% from the previous Friday's closing price.

This marks a significant moment as silver has surpassed the $69 mark for the first time since June 16, bringing its month-to-date increase to an impressive 18.2%.

Analysts attribute the surging prices of precious metals to monetary policy adjustments, rising geopolitical tensions, and relentless global inflation.

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