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Spot silver experienced a significant upward trend in November, reaching an all-time high of $54.5 per ounce. This surge represented an increase of over 2% in a single day, surpassing the previous high recorded last month. According to reports from PA News, the physical silver market is supported by strong buying pressure, with trading prices on a per-ounce basis reaching new historical highs. This movement suggests a rising demand for silver among market participants, and close attention is being paid to future price movements.