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Wednesday, May 22, 2024

Silver Spot Price In The 30s

The COMEX spot price for silver is now in the low 30s. The precious metal has been trending upwards for the past few weeks. 

Interestingly, the death of Iran's president and foreign minister seems to have carried gold and copper to record highs. Those metals are Iran's top exports. 

According to SchiffGold:

Amid ongoing tension in the Middle East, Iranian President Ebrahim Raisi and the foreign minister have been confirmed dead Monday after a helicopter crash. The officials’ shocking demise casts additional investor doubt on a region already plagued by economic upheaval, with supply chain uncertainties fueling record-high metal prices this week.

Here's the current COMEX spot price for silver:



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