Together with Tesla surge that we talked about earlier today, there is another asset, but instead of Tesla it grew not overnight, but right in front of our eyes – silver.
The precious metal is having one of the best days in recent trading history. It is not only supporting its peers in precious metals segment of the market, but it also outperforms them, with gold only adding 0.4 percent which is nothing compared to silver’s 2.2 percent addition over today.
Silver along with gold started the growth yesterday and as you can remember, yesterday was marked by European economic data – an occasions that, no matter the result always calls for the search of something safe and calm. And silver seems to have fulfilled the need for these two things. And seeing how the surges extends into today, I can assume that traders are still looking for something safe with euro and pound being in the grey area and dollar being too unstable for the taste of many.
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