Today's silver price is pulling back, down about $0.20 to around $14.35, following what turned out to be a wild but positive week.
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Today's silver price is getting cues from gold... That's almost always the case. And this past week has been no different.
After rising as much as 16% earlier this year, silver prices are now nearly unchanged year-to-date. They're up just 0.2%, while gold has gained 7.2%.
The silver price isn't the only number that's lagging...
Silver's option activity sits near a decade low. That's highly unusual - and won't last.
The silver price was modestly higher Friday amid mounting geopolitical tensions that have stoked bullish options activity.
In early afternoon trading, spot silver was last up $0.03, or 0.15%, at 19.78 an ounce. The metal traded as low as $19.57 and as high as $19.92 in another volatile session.
Silver prices today (Friday) were modestly higher as bargain hunters stepped up to buy the dips. In early trading, spot silver last traded up $0.11 to $20.45.
It's been a volatile and punishing week for silver.
In morning trading Thursday, silver futures for May delivery slumped 2.3% to $20.355 an ounce, on pace for the biggest drop since March 7.