Bengaluru — Silver prices dropped nearly 2% on Tuesday as investors locked in profits after the precious metal touched a near eight-year peak in the previous session.

Spot silver slipped 1.5% to $28.54 an ounce by 2.57am GMT after jumping 7.3% to hit its highest since February 2013 at $30.03 on Monday, as retail investors piled into the market after calls on social media in an attempt to push up prices...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.