Silver Hits Record High Amid Supply Shortage, OPEC+ Freezes 2026 Quotas

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According to Bpaynews, silver prices surged to a record high due to a tightening global supply and decade-low Chinese inventories, while OPEC+ maintained 2026 oil production quotas, halting output increases. South Korea also announced stricter foreign-exchange oversight to stabilize the won amid persistent volatility. Global arms sales rose 5.9% to $679 billion, driven by geopolitical demand, while housing affordability pressures are pushing younger investors toward riskier assets like crypto.

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