Reaping the benefits from this precious metal's increase has been silver exchange-traded funds (ETFs) and silver mining companies.
One mining company, Silver Wheaton Corp. (NYSE: SLW), is clearly riding high on these good times.
Back in July as silver was making its ascent, Silver Wheaton sat at $25. Today (Tuesday) it is trading at $39.12, with year-to-dates gains exceeding 34%.
Don't worry investors, you haven't missed out: It also has a bright future.