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White silver surged to $87 per ounce, marking its highest level since the beginning of February. According to financial platform Jin10, the metal's value increased by 2.87% in just a single trading day, demonstrating strong upward momentum.
In parallel with the spot market movement, silver futures contracts in New York also reacted with a jump, reaching the $87 per ounce mark and showing a more impressive gain of 5.66% over the same period. This dynamic reflects growing investor interest in precious metals as a store of value.