The spot price of silver exceeded $100 per ounce for the first time in history on Friday amid rising demand for safe-haven assets.
At 7:10 p.m. CST, it rose 4.6% to approximately $100.67 per ounce, reaching $100.91 per ounce during the session.
The spot price of gold also set a new record and is approaching $5,000 per ounce. At 19:11 CEST, it rose 1% to $4,984.33 per ounce, slightly down from its intraday and historic high of $4,988.33 per ounce.
Since the beginning of the year, silver has risen in price by 39.4% and gold by 14.3%.
