Silver Prices Surge Amid Industry Demand and Geopolitical Uncertainty
Silver prices rose on Monday to $58.38 per troy ounce, up 1.37% from Friday's price of $57.59, according to FXStreet data.
The precious metal has decreased by 17.88% since the beginning of the year.
Silver is widely used in industry, particularly in sectors such as electronics and solar energy, due to its high electric conductivity.