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Why has the price of silver hit a record high?

Source: BBC

The price of silver has hit a record high ahead of an expected US Federal Reserve interest rate cut and as demand for the precious metal from the technology industry remains high.Silver crossed $60 (£45.10) an ounce on the spot market, where the precious metal is bought and sold for immediate delivery, for the first time on Tuesday.Gold, which hit record highs earlier this year as concerns grew about the impact…

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Read the original source at BBC