Silver ounce surpasses $87 in new bullish rally

MetaEggplant · 2026-02-28T09:03:12+00:00

The silver ounce has surpassed $87, demonstrating a steady increase in demand among investors. Futures reflect this trend, positioning silver as a safe haven in a volatile economic environment.

MetaEggplant

2026-02-28 09:03:12

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The silver ounce has reached a new milestone this month, breaking the $87 barrier after consecutive increases that demonstrate a growing appetite for the precious metal among investors. Since early February, the price has shown sustained gains, with daily increases of 2.87% according to Jin10 reports, indicating strong demand in the spot markets.

New York silver futures also reflect this upward trend, with quotes close to $87 per ounce and a 5.66% change during the trading period. This movement suggests increased confidence among traders in the coming months, positioning the silver ounce as one of the most valued safe-haven assets in the current macroeconomic volatility.

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