Both New York silver futures and spot silver have risen above $120.

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According to ChainCatcher and data from Jinshi, New York silver futures have climbed above $120 per ounce, up 5.73% on the day. Spot silver has also broken through $120 per ounce for the first time, setting a new record high, with a cumulative increase of nearly $50 in the first month of this year.

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