Silver keeps soaring as it nears six-month peak on social media posts
Spot price of safe-haven asset hits its highest level since August 11 at $28.98 an ounce
01 February 2021 - 08:00
Bengaluru — Silver rallied for the third consecutive session on Monday, soaring as much as 7.4% to a near six-month peak, after social media posts since last week called for retail investors to flood into the market and pump up the precious metal’s prices.
Spot silver hit its highest since August 11 at $28.98 an ounce earlier in the session, and was up 5.7% to $28.53 by 4.42am...
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