I have been carefully observing the spot price of silver for several years now, tracking its fluctuations and trends. Since February 28, I have noticed a remarkable surge in the price, with only minor dips along the way. As I write this post, I am astonished that the current spot price of silver is $29.49 a troy ounce. This is just a penny away from the ten-year high price of $29.50 a troy ounce. The sudden and unprecedented rise in silver prices has piqued my curiosity, and I can't help but wonder what could be causing this. I would love to hear any insights or explanations that anyone might have.

Edited: The current price has increased to 29.76, which is the highest it has been in the past decade.

https://www.monex.com/silver-prices/

Jeanette Isabelle

People have watched the Civil War-movie and started hoarding silver?

I apologize but have not watched the movie Civil War. As a result, I do not possess sufficient information to give an informed response about its impact. I am unaware of the movie's plot, characters, and events, which could have impacted the audience or society. If you would like, I can try to gather more information about the movie to provide a more detailed response.

Jeanette Isabelle

I wouldn't be surprised if you're correct, Herman. Also fear of inflation.

On Tuesday, the price of silver reached a 10-year high, closing at $32.06.

Jeanette Isabelle