2/1, 9:15 AM (Source: TeleTrader)
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Silver hits $30 for first time since 2013

Spot silver hit $30 for the first time since 2013 on Monday as investors moved towards precious metals amid the GameStop trading frenzy on Wall Street.

Silver surged 11.7% to reach $30.06 per ounce at 9:13 am CET. Meanwhile, silver in euros jumped 10.23% at 9:18 am CET to go for €24.3808 per ounce, reaching highs it last saw in August last year. At the same time, silver in Swiss francs went for 26.4081 per ounce, gaining 10.13% to also reach August highs. The six-month high was also seen in the price of silver in pounds, which increased by 9.61% to trade at £21.5256 per ounce at 9:20 am CET.

Gold prices also traded with gains on Monday, increasing 1.13% to $1,865.21 per ounce at 9:22 am CET.

Breaking the News / VP