Silver has been seeing an unprecedented rally over the past few days, touching record highs and giving better returns than most assets including gold and key stocks. The surprise silver rally has now triggered a warning from tech billionaire Elon Musk.
“This is not good. Silver is needed in many industrial processes,” Musk posted on X on 27 December as silver hit a peak of $79 for an ounce on Friday.
(This is a developing story. Check back for updates)
