Fall and rise of the silver price
The price of silver is influenced by various factors.
Over the last 20 years, the price of the precious metal has seen a low of USD 5.50 in 2004 and a high of USD 48.70 in 2011. Silver has recovered strongly in price, particularly in the last three years. The factors that influence the price of silver the most also have to do with the fact that silver is both a precious metal and an industrial metal. The influences include those that are of particular interest to investors, such as interest rate