Silver prices have rallied to multi-week highs, with New York silver futures advancing to $87 per ounce and posting a robust 5.66% gain during the trading session. The strength in futures markets reflects broader momentum in the precious metals complex. Spot silver has similarly climbed to $87 per ounce, reaching its highest level since early February, according to market data from Jin10. The spot market saw a more modest 2.87% daily advance. This dual rally across both futures and physical silver markets underscores growing investor interest in the precious metal, with the per ounce price now firmly reclaiming territory not seen in recent weeks.

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