Staff Answer
May 11, 2026 - 06:30 AM
Silver is outperforming the complex this morning, with the spot price hitting $84.34 per ounce ($2,711.58/kilo) at 9 AM ET—a significant 3.51% jump from Friday’s $81.48. While gold has softened, silver is benefiting from a "short squeeze" and robust industrial demand tied to AI infrastructure and solar photovoltaics. Analysts at J.P. Morgan cite a persistent structural market deficit as the primary floor for this rally.
