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Story summary
- Silver prices have surged more than 180% in the past year, rising above $85 per ounce.
- Geopolitical uncertainty and rising industrial demand, especially from electric vehicles and solar panels, drive the gain.
- Investors seek cost-effective options, including silver bars (lowest premiums), silver rounds (slightly higher), and exchange-traded funds for those who prefer not to hold metal.
- When buying silver, dealer premiums, payment methods, and purchase quantities significantly affect overall costs.
