20 December 2023
In the precious metals market, while gold has traditionally been the dominant choice, attention is shifting towards silver as we head into 2024. Despite experiencing volatility in 2023, silver shows potential for growth. As of December 2023, silver’s price stood at $24.38 per ounce or $783 per kilogram, marking a significant increase of over 5% from the previous year and 3.5% from the previous month. This suggests a recovery from earlier price fluctuations within the year, indicating an emerging trend that could be of interest to investors.