The precious metals industry saw a surge in per oz. price of silver while the stock market was shaky and the world was feeling it’s bumps.
During that few weeks silver investments topped out with a troy ounce of silver going for around $14.50 USD. That’s the highest it’s been in months after the price of silver cruised past $15 mid last year.
Now prices have begun their retreat more than likely due to profit seekers taking a piece of the pie that the surge brought on. Silver is back below $13 with a few days of sinking prices.