4 Top-Ranked Silver Mining Stocks Likely to Shine Further
ASMAvino Silver & Gold Mines .(ASM) zacks.com·2024-05-22 23:50

Silver crossed the $30 per ounce mark for the first time in decades last week, driven by strong investment and industrial demand. Fresh bets on Fed rate cuts, sticky inflation, an estimated fourth annual deficit, rising geopolitical tension and uncertainties ahead of general elections in major economies added to the strength. Notably, the white metal is one of the best-performing major commodities so far this year, having risen 32% and outperforming gold. The outperformance of silver can be attributed to it ...