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Silver Hits Record High of $64 per Ounce Amid Supply Deficit and Rising Demand

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Silver hit a record high of $64 per ounce on the COMEX on Thursday, with the rally starting in early December. The metal has gained over 115% year-to-date, outperforming gold, Bitcoin, and the SPX index. Analysts point to a supply deficit and rising demand, especially in electric batteries. The Fed’s rate cut and concerns over hyperinflation are pushing more investors toward silver. With the fear and greed index showing growing market anxiety, altcoins to watch may also see increased attention.
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