Silver price today: White metal soars 9% to record high; gold, platinum & others follow

Silver prices have surged to a record high, outperforming gold with a staggering 158% rise over the past year. This rally, fueled by tight supply, industrial demand, and anticipated Federal Reserve rate cuts, has propelled other precious metals like gold, platinum, and palladium to new peaks. Analysts foresee continued upward momentum, with silver potentially reaching $90 and gold nearing $5,000.