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