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Spot silver climbed to $70 per ounce for the first time ever, extending a powerful rally driven by supply shortages, strong investment demand, and spillover momentum from gold.
Spot silver reached $60 per ounce for the first time ever, propelled by tight supplies and growing demand. The surge is drawing fresh scrutiny as supply shortages, rising industrial demand, and speculative flows reshape silver’s traditional role.
Goldman Sachs agreed to purchase Innovator Capital Management for about $2 billion, adding 159 defined-outcome ETFs and $28 billion in supervised assets to its expanding asset management business.