Spot silver prices jumped to the highest level in decades as surging demand for safe-haven assets ran into supply constraints in the London bullion market. Silver has been boosted this year by the so-called “debasement trade,” with investors flocking to the perceived safety of Bitcoin, gold and silver. Gold also hit a record this week as it passed $4,000 at one point. On “Bloomberg Markets,” Scarlet Fu talks with Max Layton, global head of commodities research at Citi, about the surge in prices and his price targets.
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