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Apr 30, 2026 - 06:16 AM
Silver is demonstrating strong momentum, with the spot price reaching $74.05 per ounce at 9 AM ET, a 1.83% climb from yesterday’s $72.72. The industrial and investment value brings the silver price to $2,380.76 per kilo. Beyond monetary safety, silver is benefiting from structural supply deficits—the sixth straight year of shortfalls—and robust demand from AI data centers and solar energy sectors. Analysts at J.P. Morgan continue to highlight industrial applications as a core driver for 2026 silver volatility.
