1. The geopolitical crisis triggered a wave of hedging: At this time, paper money faced a crisis of confidence, and a large amount of funds poured into safe-haven assets led by gold and silver, pushing up the price of silver.
2. Loose money supply: Monetary easing means currency depreciation, and it also means that the price of goods priced in currency rises. Silver is a commodity priced in dollars, and the loose dollar currency will lead to the skyrocketing of silver.
3. The collateral effect of rising commodity prices: If commodities generally rise, precious metals will also rise at this time, which is caused by the linkage of financial markets.