12:20 - 29.09.2025

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September 29, Fineko/abc.az. Silver reached a 52-week high, according to the trading data. Spot silver prices rose 1% to $47,125 per ounce.

ABC.AZ informs that analysts and traders note that silver is gaining momentum amid high gold prices, and investors are turning to more affordable alternatives.

"Chinese President Xi Jinping's promise to reduce China's net carbon emissions by 7-10% by 2035 has also stimulated the purchase of silver, which is used in solar panels," Tai Wong, an independent metals trader, stated to CNBC.