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flag Silver surged over 130% from late 2024 to early 2026, hitting $168 per ounce due to strong industrial and investor demand.

flag Silver surged over 130% in value from late 2024 to early 2026, reaching about $168 per ounce, outpacing gold amid rising industrial demand from electric vehicles, solar panels, and electronics, along with investor demand driven by global uncertainty and fear of missing out. flag While primarily mined as a by-product, especially at Queensland’s Cannington mine, Western Australia’s silver output has declined, with recent production valued at $45.35 million. flag Exploration continues in the Pilbara, including at Elizabeth Hill, as interest grows in primary silver deposits.

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