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Silver Spot Price Up Today on These Factors
The silver spot price today is up $0.19 to $14.86. This is great to see after the past week as silver gave up a little ground.
With stocks and oil bouncing from their recent retreat, and the U.S. dollar doing so as well, they've weighed on silver. Still, silver is ahead about 8.5% year to date, nearly a 13% outperformance of the S&P 500, which has lost just over 4%.
Let's look at how the silver price has behaved over the past week and what drivers lie ahead...
The silver spot price today is up $0.19 to $14.86. This is great to see after the past week as silver gave up a little ground.
With stocks and oil bouncing from their recent retreat, and the U.S. dollar doing so as well, they've weighed on silver. Still, silver is ahead about 8.5% year to date, nearly a 13% outperformance of the S&P 500, which has lost just over 4%.
Let's look at how the silver price has behaved over the past week and what drivers lie ahead...