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Commodity roundup: Oil slumps on oversupply concerns, while gold, silver trade in green

  • Silver is currently priced at $33, showing a 15% increase over the past year.
  • Demand for silver is expected to exceed supply in 2025, with demand at 1.20 billion ounces against a supply of 1.05 billion ounces.
  • The Gold: Silver ratio is 100:1, with gold trading at $3,300 and silver at $33.
  • Silver prices are likely to rise for the fifth consecutive year due to strong industrial demand and supply constraints.
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eastcoastdaily.in broke the news in on Tuesday, April 15, 2025.
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