Spot Silver Surges at Open, Breaks $83/oz Mark, Extends Year-to-Date Gain to $52

BlockBeats News, December 29th. According to market data, on Monday morning, the spot silver market violently surged at the opening, breaking through the $80/oz mark for the first time, and then quickly surpassing $83/oz, with an intraday gain of over 5%. The year-to-date gain has expanded to $52.

Elon Musk commented on the silver surge, "This is not good, as many industrial processes rely on silver."