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Silver hits $50/oz, highest since 1980, driven by strong demand and major discoveries in Mexico and Colombia.
Silver prices hit $50 per ounce, the highest since 1980, fueled by strong investor demand and key discoveries at Advance Metals’ Yoquivo project in Mexico, where assays reached up to 1594g/t silver and 20.4g/t gold.
The company expanded exploration efforts, secured rights to a new high-grade zone in Chihuahua with potential for up to 100 million ounces of silver, and is analyzing historic drill core.
Similar activity is underway in Colombia and other regions, reflecting increased investment in precious metals across Latin America amid economic uncertainty.
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La plata alcanza los 50 dólares por onza, su nivel más alto desde 1980, impulsada por la fuerte demanda y los grandes descubrimientos en México y Colombia.