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Silver is expensive. Precious metal is rated at the higher level of recent decades

by Priya Shah – Business Editor

Silver​ prices surged ⁢to a nearly decade high on October 13, 2025, ‌reaching ​$2.8133392333984375e-05 per unit at 09:19:14, according to market data. A‍ subsequent⁤ peak at $2.5987625122070312e-05 was‍ recorded ‌shortly ⁣thereafter, signaling sustained investor interest in the precious metal.

the escalating value of silver reflects broader ⁤trends in‍ the‌ commodities market and ‌increasing demand as a hedge against economic uncertainty. Experts attribute the rise to a combination of industrial ‌demand, investment flows, and supply constraints. This price increase impacts industries reliant on silver-electronics, solar energy, and jewelry-and perhaps benefits silver mining companies and investors holding silver assets. The trend is being closely watched by financial analysts who anticipate continued ‍volatility in the precious⁢ metals sector.Recent data indicates article tags ⁤were last updated​ on October‍ 13,‍ 2025, at 09:19:14, with an‌ elapsed time ⁢of 0.00036001205444335939.

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