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Silver and Platinum Surge as Investors Seek Dollar Hedging Strategies

Published by news.bitcoin.com on 19 hours ago

Silver and Platinum Surge as Investors Seek Dollar Hedging Strategies

Silver and platinum prices are experiencing significant increases as investors shift their focus away from gold. This trend is being driven by a combination of a weakening dollar, substantial inflows into exchange-traded funds (ETFs), and a tightening supply in industrial markets.

In June, both silver and platinum saw notable price surges as investors sought diversification from gold amid growing concerns over increasing US debt and tightening demand for these precious metals.

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