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Why is silver outperforming gold? What to know before you invest.
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Gold and silver prices have reached new highs in December in response to a perfect storm of economic pressures and geopolitical tensions. Gold (GC=F) jumped to a record high of $4,480.60 per ounce on Monday, a more than 71% increase over the past year. However, silver futures have shown stronger gains, outpacing gold prices year to date.
The price of silver (SI=F) on Tuesday was up over 1% to a record $69.38, a 138% rise since the beginning of the year and an all-time high for the precious metal.
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