Silver at $19.77 as Tension Rises in Middle East, Ukraine

Aug. 06, 2014 10:55AM PST

Today, spot silver is up $0.08, at $19.77 per ounce. Currently, the main thing moving precious metals is tension in the Middle East and, more recently, in Ukraine.

Today, spot silver is up $0.08, at $19.77 per ounce, Reuters notes.

Currently, the main thing moving precious metals is tension in the Middle East and, more recently, in Ukraine. The news outlet notes that according to Polish Foreign Minister Radoslaw Sikorski, Russia has started gathering troops along Ukraine’s border, provoking worries of a takeover.

In other news, the US economy is doing well, and the dollar is strong.