Silver prices rose to $75 an ounce for the first time


Tokyo/Washington – The price of silver exceeded the $75 per ounce mark for the first time on Friday. The price of the precious metal climbed to 75.15 dollars (63.76 euros). Gold prices also reached a record high of $4,531 per ounce. Analysts attribute the development to economic and geopolitical uncertainties. In times of crisis, precious metals are considered a safe investment. Since January, the price of gold has risen by almost 70 percent and the price of silver by over 150 percent.



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