Silver Rises to $20.05 an Ounce on Mixed Feelings

Today, silver rose 0.7 percent, or $0.14, to trade at $20.05 an ounce, according to Reuters.

The rise came as some investors sought refuge in precious metals due to the mixed political and economic landscape. For instance, one concern affecting the market is that geopolitical tensions are still in play over the situation in Ukraine.

However, a “firmer dollar, stronger equity markets and signs of a recovery in the U.S. economy are likely to limit gains,” the news outlet states.