Elon Musk has expressed concern over the recent surge in silver prices, attributing the increase to a global supply shortage. In a post on X, Musk emphasized silver's essential role in industrial production. Over the past week, silver prices have risen by more than 17%, drawing attention from market participants who are also closely monitoring cryptocurrency price movements. Analysts suggest that both metals and digital assets may be responding to similar macroeconomic forces.
Elon Musk Highlights Concerns Over Silver Price Surge Amid Supply Shortage
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