New York Ebola Case Spurs Silver Price

Precious Metals

iNVEZZ.com reported that silver rose Friday for the second session in a row. Demand for precious metals has increased on the back of the first Ebola case in New York.

iNVEZZ.com reported that silver rose Friday for the second session in a row. Demand for precious metals has increased on the back of the first Ebola case in New York.

As quoted in the market news:

Silver for immediate delivery had gained 0.53 percent, or nine cents, to $17.26 as of 09:34 BST, and was trading 10.7 percent below its 100-day simple moving average of $19.33. On Wednesday, the precious metal suffered its steepest selloff since the beginning of the month after falling over two percent. Whether spot silver ends the week up or down depends on today’s close.

Click here to read the full iNVEZZ.com report.

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