Silver Gains 1.8% To $17.36 As Stocks Sell Off On Trade Wars, Argentina And Hong Kong Risks

August 13, 2019

* Major stock markets globally fell for a third straight day today

* Fears about a deepening and global trade war, protests in Hong Kong and a crash in Argentina’s peso currency led to safe haven demand for bonds, gold and silver

* Silver went above a 1 and half year high climbing 1.8% to $17.36 per ounce, its highest since January 2018 at $17.42

* Despite recent gains silver remains 65% below its record nominal high near $50/oz

Silver in USD – 3 Days


Silver has the highest electrical conductivity and heat of all metals.

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