Record Silver Rally May Have More Room to Grow
From etftrends.com
December may just be getting started, but things are certainly not looking very chilly for silver prices. Thus far, the winter season seems to be moving in favor of the precious metal. On Monday, silver began the month of December on a high note, hitting new highs of $58.58 an ounce. Notably, this rally represents year-to-date gains that flirt around the 100% threshold. While the silver rally alone should warrant close attention, it’s equally as important to understand why silver is doing so well right now. To begin, the global supply of silver is tightening following recent silver flows into London’s market. This ...
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