Silver's Three Week HighPosting a "fresh three-week high" near $31.00, silver has been strengthening as US bond yields weaken and labor market strength eases in June. While silver has always been a highly-traded precious metal due to its diversification abilities, it is additionally crucial in green energy technologies due to its high conductivity.
Enhancing the efficiency of solar panels by improving their ability to convert sunlight into electricity, alongside being heavily used in electric vehicle components and renewable energy storage systems, silver is a vital metal to the world's economy. (Source:
https://www.fxstreet.com/news/silver-price-forecast-xag-usd-rallies-to-31-as-us-labor-market-strength-eases-in-june-202407051428)
Aiming to capitalize on the current precious metals market trend, Dolly Varden Silver (DV.v DOLLF) is in a unique position with a substantial silver inventory of 140 million ounces and significant expansion potential remaining amid its 25,000m drilling program:
https://x.com/StckMasterFlash/status/1808638032741892397 Posted on Behalf of Dolly Varden Silver Corp.