Much like gold prices, 2010-2011 saw silver prices spike to a near all-time high of $43.73 per troy ounce as a result of millions and billions of dollars flowing into precious metals deemed ‘safe’ in ...
Transportation costs: The cost of transporting gold and silver from one city to another can affect the price. If transportation costs are high, this can lead to higher prices for gold in the city ...
Since it is in high demand, the availability of this metal is diminishing. If you have invested in silver now, there are high chances that you will benefit financially if the prices skyrocket.