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Silver Bounces Slightly from Four-month Low

Investing News Network
Sep. 23, 2014 09:08AM PST
Silver Investing

Silver rose 0.9 percent on Tuesday, hitting $17.85 an ounce. The gain followed the precious metal’s drop to a four-year low of $17.30 on Monday.

Silver rose 0.9 percent on Tuesday, hitting $17.85 an ounce, according to Reuters. The gain followed the precious metal’s drop to a four-year low of $17.30 on Monday.

Pushing silver up were a fall in the dollar’s value and the re-emergence of geopolitical strife. Specifically, the news outlet notes that the US dollar fell 0.4 percent against a leading batch of currencies, while airstrikes in Syria led by the US and its coalition partners buoyed investor activity.

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