Why Is silver price Trending Today?

The surge in interest surrounding “silver price” can be largely attributed to the current volatility in both silver and gold markets, as highlighted by recent news. According to Yahoo Finance, the fluctuation in silver prices has drawn significant attention from investors, prompting them to seek information on how to navigate this instability. This increase in demand for detailed insights on investing in silver is a direct response to the current market conditions.

Additionally, KBTX News 3 reports that gold and silver prices have recently surged as more investors are looking for safe-haven assets amidst economic uncertainty. This heightened interest in precious metals, including silver, is motivating a substantial number of searches as individuals aim to understand the implications of these price movements on their investment decisions.

The focus on safe-haven assets often correlates with broader economic concerns, which can amplify search interest as individuals and investors look for stability in volatile markets. As a result, the combined effects of market volatility and the pursuit of safe investments are driving an increased volume of searches related to silver prices.

Watch the Moment

Internet Reacts

Vlad_Dracul89 • 166 points

https://preview.redd.it/64dotu19zigg1.jpeg?width=580&format=pjpg&auto=webp&s=d26be527f4c7b37cc3b9531372ce4abd02a48e9b

latamxem • 66 points

[https://www.scmp.com/business/markets/article/3341783/china-halts-trading-5-silver-and-oil-funds-limit-risk-amid-volatility](https://www.scmp.com/business/markets/article/3341783/china-halts-trading-5-silver-and-oil-funds-limit-risk-amid-volatility) manipulation. The free market has never and will never exist. Hold and restock.

CryptoRiptoe • 10 points

Yeah i noticed that as soon as it happened.

Inner-Nerve564 • 3 points

This is the beginning of a hot financial conflict between US and China. War incoming no later than 2027

AccomplishedBill5042 • 26 points

Ehh heard that my entire life

Cloxxki • 3 points

People are allowed to take profits. To freak out over political news is allowed in the stock market. I’m not sure we get to know whether there’s manipulation still and what kind. In a technically overbought market, tiny scary news will cause a lot of selling.

sirchtheseeker • 4 points

You are correct the west trades in paper silver and gold but Asia and Middle East holds physical metal and exchanges are almost depleted

Stacktastic8096 • 5 points

This is the one and only answer. Just keep buying.

NorthSouthWestNorth • 412 points

Unpopular opinion: an amazing sale

TheArmchairbiologist • 62 points

the lcs is going nuts rn

ronpotx • 37 points

https://preview.redd.it/lkxcn89abjgg1.jpeg?width=1846&format=pjpg&auto=webp&s=50171cd5fdcb7e966c8eb9f259c380bbec98fe1c Why is there nearly a $40 difference between Shanghai’s silver price and COMEX?

TheArmchairbiologist • 25 points

thats been happening for a few days, us and china are deviating on silver prices, I have seen a few people saying china is trying to pump silver to soften the dollar while the US is obviously trying to do the opposite, thats just what I read tho

Kashabowiekid • 9 points

Yeah been saying this for a month now. China controls the supply trying to pump the price of silver and then dump it on people to kill the price. No stability. Same thing they do in the REE and other metals industries they have the largest market share in

Bndnvr • 2 points

China is not pumping, they’re massively buying silver for their electric car and solar panel industries and because they know we need silver for the same reason.

ScrewJPMC • 2 points

Shanghai closed for the weekend, then immediately London and CriMEx started pounding it with naked shorts until stop losses triggered. If The Bank of China is in on it, the beating will continue to $50, if not big gap up on Sunday night when they open back up for their Monday.

Unhappy-Nail-9281 • 17 points

So I just learned the hard way my LCS is no longer selling constitutional at a discount. The spot price I paid today was the same as last Friday when silver was $103, which was a discount last week. Annnnd now I learned.

GraceOfTheNorth • 9 points

Further proof that this is the market getting rid of silver promises while the physical stuff holds value.

kweniston • 37 points

Going broke rn.

TheArmchairbiologist • 7 points

whack ,im buying morgs at melt

MC9911 • 2 points

Kinda new. Morgan at $55 right now a good deal right?

TheArmchairbiologist • 2 points

thats $11 under the melt value id buy them if your sure theyre real

MC9911 • 2 points

It was at my local store. So I assume they were

TheArmchairbiologist • 2 points

doesn’t 100% mean it isnt fake but atleast you can go complain if it is, still for $55 id snag a morgan

KarlMac31 • 7 points

People walking into mine with piles of cash asking for generic rounds by the tube. Pretty wild.

Ill-Positive6950 • 5 points

Just went and it was an absolute zoo. They’re selling generic rounds $8 over spot. Everyone buying.

Previous-Exercise874 • 6 points

Heading there today to buy… there were already 20% below melt on 90% before today’s dip.

AdAshamed2756 • 22 points

I am in Washington state.. they put stupid tax of 8% on all coins and bullion… but this is still a good deal!!!

dontrackonme • 13 points

drive to Oregon or idaho to buy

Fun_Bit7398 • 7 points

The last time I had the audacity to suggest such a thing I was told, “I’m not driving to Oregon. Don’t be f-ing stupid.” And was downvoted into dry Hell for attempting to be helpful. I won’t make that mistake again.

Hungry_Inflation_609 • 2 points

Actually very popular opinion

outta_options • 2 points

Did you try to sell anything when silver was over 100.00? Silver isn’t nearly as liquid as I thought it would be. Holding what I have, I’m a buyer again at 25.00

EagleElite357 • 2 points

I have mixed feelings i bought yesterday 🙃 😩 😀 😢 …rest if my life outlook so 115 is still cheaper than where it will be in just 3-5 years

damiracle_NR • 3 points

Stupidity. No cure for it when you’re this far gone

deltasleepy • 172 points

![gif](giphy|ksVugU85LoBk4)

iampayette • 94 points

The green pastures of buy territory is what’s going on.

life-as-a-adult • 23 points

Yup, curious to see what the bounce up on Monday looks like

fuckredditits • 18 points

gonna hit 132.46

bsastry • 2 points

Are you on Drugs?

Legal_Pie_8403 • 4 points

🤣🤣right! I think it’ll go to $75 too

damiracle_NR • 2 points

Umm are you? Since when does told and silver trade with the volatility of a meme coin? Wait and see

No_Imagination_3149 • 2 points

Probably 75

GraceOfTheNorth • 12 points

Mistake! You’d be buying paper, these are futures, not metal. The market is full of promises that cannot be kept. It’s a house of cards.

CatFather69 • 2 points

i just got some metals for $82 an oz

Geoarbitrage • 88 points

I’m a Nigerian Prince and I would like to buy your silver…

HeedLynn • 13 points

Dang I got a different email my Nigerian Price said he found more silver and this is why the price is dropping. He asked me to sell to him for current price because he has so much and my silver would be less lonely with his.

Bjamnp17 • 3 points

Funny as efffff!!!!

cletus2112 • 4 points

🤣 this made me lol

AnZhongLong • 33 points

Lol, watching all the crypto bros who joined this sub recently lose their collective minds is chefs kiss

Quick_Ad_5637 • 4 points

Learning the lesson of low liquidity

AndroFeth • 32 points

And I was going to sell today to buy when the dip hits. Oh well. Buy more