Silver Prices Reach New Highs in New York

Silver prices in New York have reached a significant milestone, surpassing $120 per ounce. According to ChainCatcher, data from Jinshi indicates that New York silver futures rose by 5.73% within the day. This marks the first time spot silver has exceeded $120 per ounce, setting a new record. In the first month of this year, silver prices have increased by nearly $50.