Silver jumps nearly 5% in commodity markets

Silver prices climbed nearly 5% in global commodity markets amid strong demand for precious metals.

Market data showed that silver posted one of the strongest daily gains among major commodities.

Analysts attributed the rise to persistent uncertainty in global markets and increased investor demand for safe-haven assets. Strong industrial demand and expectations of a supply deficit also supported prices.

Market participants say silver remains one of the most volatile precious metals, with future price movements likely to depend on financial market conditions and geopolitical developments.

By N. Tebrizli