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Silver Climbs to 3-Week High On China Virus Fears
Silver prices have started the week with gains. Currently, silver is trading at 18.18, up $0.08 or 0.45% on the day. In the Asian session, silver climbed as high as 18.36, its highest level since January 8. Silver has been flirting with the round number of 18.00 since early December, unable to move much further in either direction. However, the outbreak of a deadly virus in China could be the catalyst that sends silver upwards, perhaps to the lofty 19.00 level. Global markets are in turmoil as the China coronavirus continues to claim lives and has spread to other countries. Authorities have confirmed cases in Canada, ... (full story)