Silver prices reached new historical highs amid increased demand for protective assets and expectations of easing monetary policy in the United States. According to Reuters, the spot price of silver on January 12 rose to a record $86.22 per troy ounce.
At the same time, silver futures on the US market during trading on January 13 rose above $89 per ounce, Investopedia reports. A number of industry publications noted that silver was currently up around 5% at some points during the session, reflecting the metal's increased volatility. Analysts surveyed by Reuters do not rule out a further movement of quotes towards $90 per ounce while maintaining the current set of factors supporting the precious metal. https://www.youtube.com/shorts/HvKK-YET8vs
