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8/6, 1:26 PM (Source: TeleTrader)
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Silver jumps over $28 first time in 7 years

Silver continued to rally on Thursday to surpass $28 the first time since 2013 as the investors turned more and more to precious metals amid the dismay caused by the coronavirus pandemic.

As the number of people who tested positive for COVID-19 topped 19 million, safe-haven assets, including silver and gold, continued to rise, with the latter reaching its all-time high two days prior.

Silver soared 4.48% at 7:35 am ET, selling for $28.18 per ounce.

Breaking the News / BU