Silver prices jump 7% as AI demand boosts metals used in data centers

Silver prices surged 7% to their highest since March, driven by increased demand linked to AI data centers that require metals like silver and copper for thermal and electrical uses. Copper also hit a record high, rising 3.3%. Retail investors showed strong bullish interest in silver, with heavy call option buying on the iShares Silver ETF (SLV), signaling expectations of further gains. This marks a renewed focus on silver amid a broader AI-driven rally in tech and semiconductor stocks.