Silver Collapses Below $80 an Ounce at Week's End After 11.3% Rally

GateNews
XAG-8.43%

Silver collapsed below $80 an ounce at the end of a week marked by extreme price volatility. The metal had surged as much as 11.3% through Wednesday, driven by investor enthusiasm for AI-related equities and increased demand for industrial metals used in data-center infrastructure, as well as speculation around fuel availability in top miner Peru.

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