Silver Over $24.00/toz

Silver has climbed to its highest point since September 1, according to an article in CoinNews.

At this writing, silver's spot price at COMEX is at $24.14/toz.

CoinNews wrote:

Advancing for the sixth time in seven sessions, silver for December increased by 39.5 cents, or 1.7%, closing at $23.933 an ounce. This settlement marked the highest level since Sept. 1. Silver futures ranged from $23.35 to $24.17. They gained 1.8% on Wednesday, they jumped by 3.5% on Tuesday, and they posted a 0.4% increase on Monday.

And,

"Gold and silver prices are solidly higher in midday U.S. trading Thursday… The precious metals bulls are getting fuel from this week’s tamer U.S. inflation data that sunk the U.S. dollar index and also has the marketplace thinking about a Federal Reserve interest rate cut in the spring," Jim Wyckoff, a senior analyst at Kitco Inc, said in a daily research note.

To read more, go here.