Jinshi Sets Record: Silver Price Breaks $120 per Ounce on New York Exchange

SolidityJester · 2026-02-10T01:13:40+00:00

Recent data from Jinshi analytics reveals a historic milestone in the precious metals market, with silver prices in New York surpassing $120 per ounce. A daily increase of 5.73% in silver futures highlights a strong momentum, reflecting a significant shift in valuations since January, where prices rose nearly $50, indicating trends of sustained growth in the sector. This surge has attracted widespread attention from investors and analysts alike, signaling a potential bullish trend ahead. Experts suggest monitoring upcoming market indicators to confirm whether this upward trajectory will continue, as geopolitical factors and economic policies also influence precious metals prices. The current market environment suggests a robust outlook for silver, with many predicting further gains in the coming months.

SolidityJester

2026-02-10 01:13:40

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Latest data from Jinshi analytics platform shows significant achievements in the precious metals market. Silver prices in New York have surpassed the psychological threshold of $120 per ounce, a historic milestone never before seen. According to information reported by ChainCatcher from Jinshi, New York silver futures experienced a 5.73% surge in a single trading day, reflecting strong momentum in the sector.

This achievement is even more impressive considering the price movements during the early part of the year. Since January, silver has increased by nearly $50, demonstrating a consistent and sustained upward trend. Data from Jinshi confirms that this record high marks a significant shift in the valuation of precious metals, creating new indications for investors and market analysts monitoring global commodity dynamics.

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