Silver price breaks $100: what’s driving XAG/USD — and what could knock it back
Silver surged past $100 an ounce Friday, last trading at $101, up 5.1% on the day and over 42% for the month. Gold reached a record $4,988. The rally follows supply constraints, a weaker dollar, and bets on Fed rate cuts. The iShares Silver Trust ETF jumped 5.2% to $91.66, with holdings at 16,104 tonnes.