Answer
Feb 07, 2025 - 05:29 AM
The price of silver is influenced by market supply and demand, industrial applications, inflation rates, and global economic conditions. The spot price fluctuates daily based on trading activity in commodities markets, particularly on exchanges like the COMEX. Additionally, factors such as geopolitical events, central bank policies, and mining production levels can impact silver’s value. You can check live silver prices on Bullion Exchanges’ website to stay updated on market trends.
