Silver Price Surges Past $114 in Strong Rally
Silver prices soared more than $11 an ounce, breaking through the $114 barrier in a dramatic rally that underscores a fundamental market realignment. This single-day gain eclipses the entire price of silver when long-term investors first began accumulating the metal years ago.
Market analysts reject the notion of a speculative bubble, framing the surge as a delayed correction for an asset chronically undervalued amid inflationary pressures and escalating demand for tangible stores of value. The MOVE reflects growing institutional appetite for hard assets as hedge instruments.