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Eclipse

Octa Broker’s Insight: Is Silver Set to Eclipse Gold by 2025?

Current Market Conditions and Silver's Performance in 2024 In 2024, silver prices jumped by an impressive 18%, outpacing gold's more modest growth. What fueled this surge? Mainly, it was a mix of inflationary pressures and heightened industrial demand, particularly from the renewable energy sector. Unlike gold, which is traditionally seen as a safe-haven asset, silver holds a dual role—it serves both as an investment asset and as an industrial metal. This duality provides silver with a unique advantage in volatile…

Witness the ‘Ring of Fire’ Solar Eclipse as it Envelops the Sun Over the Pacific Ocean

Yesterday afternoon, the Pacific Ocean became the stage for a stunning celestial spectacle: an annular eclipse that transformed daylight into a remarkable "ring of fire." This rare phenomenon captivated onlookers, but only those on Easter Island, as well as a small area at the southern extremities of Chile and Argentina, had the privilege of witnessing it directly. The whole event transpired in mere minutes, but its beauty lingered much longer in the minds of observers. What exactly is an annular eclipse? It occurs when the…

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