Poor UK jobs and wages data have undermined the pound, edging silver in sterling terms up above £27 per Troy ounce – it’s highest since the all-time spot-market top above £30 set in spring 2011. By way of example, that’s taken the value of silver owned by users of leading bullion investment platform BullionVault above £1.0 billion for the first time in the platform’s 20-year history. Silver had already set new month-average GBP records in February and then March. So, while the current move is dramatic, it comes off a strong underlying uptrend for the industrially useful precious metal. Silver just keeps making higher ... (full story)