iNVEZZ.com reported that today silver futures are up more than 2.42 percent — that’s the largest daily rise since June 19. Factors impacting the metal include Ukraine conflict and a lower dollar.
As quoted in the market news:
On the New York Mercantile Exchange (NYMEX), silver futures for September settlement were up 39 cents a troy ounce, or two percent, to $19.8 as of 09:28 BST. Silver fell to an intraday low of $19.28 on August 21, its weakest since June 12. The level of $19.28 was the price’s daily trough on August 22 and 27, and appears to be acting as support.