Silver reaches $50 an ounce for the first time since 1980

Spot silver hit $51.23 an ounce amid a squeeze in the London bullion market, its highest since the Hunt brothers’ squeeze of 1980. That took its gain for the year to nearly 70%, ahead of gold.

Why it matters. By-product credits from silver can transform the economics of gold, lead and zinc mines.

Source

MINING.COM

In the course

Module 4: Metal markets