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Spot Silver Crosses $70 An Ounce For The First Time
(MENAFN- AsiaNet News)
Spot Silver prices (XAG/USD) surged past $70 an ounce for the first time on Tuesday, as the precious metal continued its record-breaking rally this month.
While spot prices rose around 2% to $70.48 an ounce, silver futures for March 2026 deliveries jumped 2.5% to $70.34 an ounce.
Meanwhile, silver miner Hecla Mining (HL) gained 3% premarket and is on track to trade at its highest levels in over 38 years. The iShares Silver Trust (SLV) was up 2% in premarket trading and is on track to open at its highest levels.
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