The price of silver rose above $48 for the first time since May 2011

The price of silver futures exceeded $48 per troy ounce for the first time since May 2, 2011. This became known on October 2 from trading data on the New York stock exchange Comex.

At the peak of trading, the price of silver was $48.01 per ounce. Such a high value has not been recorded on the stock exchange since May 2, 2011. However, as of 16:57 Moscow time, the price decreased slightly by 0.32%, which amounted to $47,495 per troy ounce.

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Prior to that, on September 29, the price of silver futures exceeded $47 per troy ounce for the first time since May 2, 2011. At the same time, at 07:00 (Moscow time), the price of the precious metal rose to 47,240 per ounce, updating an increase of 1.25%. In addition, on the same day, the price of gold futures updated its historical maximum, reaching $ 3,850 per troy ounce.

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