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Apr 08, 2026 - 06:40 AM
Silver has surged to $77.74 per ounce and $2,499.39 per kilo as of 9 AM ET, a massive 7.51% increase from yesterday’s $72.31. The plunge in oil prices—with Brent crude dropping nearly 15% to below $100—has paradoxically boosted silver. Lower energy costs are reviving hopes for Federal Reserve rate cuts later this year, making non-yielding assets like silver more attractive to traders.
