Silver hits a new record high in spot trading at $120

Silver prices jumped in spot trading and reached the key psychological level of $120 an ounce for the first time ever on Thursday, supported by strong demand and buying momentum.
Gold continued its rise in spot trading on Thursday, approaching the $5,600 per ounce level, as investors flocked to safe-haven assets amid geopolitical and economic uncertainty, while silver approached breaking the $120 barrier.