
Silver prices surged more than 7% on Monday, reaching about $86.60 an ounce, marking the biggest single-day gain since February and a two-month high. This rally was driven by increased investor optimism and factors like President Trump's upcoming China visit and stalled US-Iran peace talks. Analysts predict silver's rally could continue, potentially reaching new all-time highs later this year as geopolitical tensions ease and demand from technology sectors remains strong. Gold prices showed minimal movement, reflecting ongoing uncertainty amid geopolitical and inflation concerns.