Silver Hits Record High of $56 per Ounce Amid Historic Cup-and-Handle Breakout

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In accordance with Bitcoin.com, silver reached an all-time high of over $56 per ounce on Friday, marking a 12.8% weekly increase and the highest intraday performance in 13 months. Analysts attribute the surge to thin global inventory levels and the recent designation of silver as a critical mineral for national security and advanced manufacturing. Strategists predict further gains, with some estimating silver could reach $60 in days, $70 in weeks, and $100 in months.

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