Spot Silver Hits New Milestone, Today Standing Firm at the 90 Level, Closing at 90.984, Up 0.28%, Officially Rising to the Position of the Second Largest Precious Metal Asset Globally. Compared to gold, which has shown some upward movement, its momentum clearly lags behind silver.
This breakthrough is not without reason. On one hand, the industrial demand for silver in emerging industries such as photovoltaics and new energy continues to be strong; on the other hand, geopolitical uncertainties have reinforced the appeal of precious metals as safe-haven assets. The combined effect of these forces has increased the priority of allocation for institutional investors. Technical indicators also show positive signals—silver has stabilized above the 90 moving average, forming a bullish alignment, further confirming the upward trend.
However, investors should stay alert. Factors such as a possible rebound of the US dollar, potential shifts in Federal Reserve policies, and industrial metal demand falling short of expectations could create short-term pullback pressures. The precious metals market has always been a stage for bullish battles; being vigilant about risks and seizing opportunities are equally important.
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JustAnotherWallet
· 6h ago
Silver breaks 90, this time it's really not hype... The demand in the new energy sector truly can't keep up.
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zkProofGremlin
· 6h ago
Silver breaks 90, and new energy concept stocks are set to surge again. This wave of institutional layout is really impressive.
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GasGuru
· 6h ago
Silver has broken 90, but I think the increase is only 0.28%, not as strong as I imagined... Even with booming photovoltaic demand, it can't withstand the rebound of the dollar.
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LiquidatorFlash
· 6h ago
90.984, don't get too excited too early; the dollar just needs a slight reversal to require additional positions.
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NftDeepBreather
· 6h ago
The silver breaking 90... sounds good, but I'm still a bit worried. If the dollar rebounds, it's all over.
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WhaleStalker
· 6h ago
The silver breaking 90 is something I predicted long ago, but I didn't expect gold to perform so poorly.
Spot Silver Hits New Milestone, Today Standing Firm at the 90 Level, Closing at 90.984, Up 0.28%, Officially Rising to the Position of the Second Largest Precious Metal Asset Globally. Compared to gold, which has shown some upward movement, its momentum clearly lags behind silver.
This breakthrough is not without reason. On one hand, the industrial demand for silver in emerging industries such as photovoltaics and new energy continues to be strong; on the other hand, geopolitical uncertainties have reinforced the appeal of precious metals as safe-haven assets. The combined effect of these forces has increased the priority of allocation for institutional investors. Technical indicators also show positive signals—silver has stabilized above the 90 moving average, forming a bullish alignment, further confirming the upward trend.
However, investors should stay alert. Factors such as a possible rebound of the US dollar, potential shifts in Federal Reserve policies, and industrial metal demand falling short of expectations could create short-term pullback pressures. The precious metals market has always been a stage for bullish battles; being vigilant about risks and seizing opportunities are equally important.