How Reddit Investors Shook The Silver Market ...Middle East

Robinhood’s army of small retail investors may have failed to storm the silver market, but the online broker’s devotees certainly gave it an almighty shake. The spot silver price surged by 20% between last Thursday and Monday this week, briefly hitting an eight-year high of $30.03 an ounce. An increase in the margin required to trade silver on the CME exchange has curbed animal spirits and the metal has fallen back to $27.12, though a collective stampede for physical metal continues to deplete retail supplies of bars and coins. The…

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