Spot Silver Surges Nearly 6% Intraday, Breaks Above $85 Level

BlockBeats News, May 11th, according to Bitget market data, the spot silver price continued to rise, reaching $85 per ounce for the first time since March 13th, with an intraday gain of nearly 6%.

The main Shanghai silver futures contract saw its intraday gain expand to 5%, now trading at 20,868 yuan per kilogram. New York silver futures soared by 6.00% intraday, currently priced at $85.72 per ounce.