Key Facts
Gold edges up to 4,101 $/oz with a modest 0.50% day-on-day gain that keeps bullion just above the key 4,000 line as traders juggle safe-haven demand against high real interest rates.
Silver leaps to 58.86 $/oz with a 4.45% day-on-day rise that extends a volatile rebound in a market still digesting this year’s crash from January’s record high near 121.64 $/oz.
Mexico remains the world’s top silver producer with mine output around 6,300 metric tons in 2024, nearly double second-place China and ahead of Peru in third place.
Peru ranks as a major silver miner producing about 3,100 metric tons in 2024 and holding an estimated 91,000 metric tonnes of silver reserves, among the largest globally.
