Silver: Industrial support and volatility risks – Commerzbank
Commerzbank's Commodity Analyst Barbara Lambrecht notes that Silver has surged to a two-month high near USD 87 per troy ounce, supported by strength in industrial metals and a record high London Metal Exchange index.
Silver prices are likely to continue their upward momentum due to strong industrial demand and supportive market conditions. However, volatility risks may lead to short-term fluctuations.
Commerzbank's Commodity Analyst Barbara Lambrecht notes that Silver has surged to a two-month high near USD 87 per troy ounce, supported by strength in industrial metals and a record high London Metal Exchange index.
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