Silver Continues Recovery, Rising to $15.77 an Ounce

The LBMA set the silver price at $15.77 per ounce on Wednesday.

That continues the white metal’s recovery from Monday, when it fell 2.67 percent. It then reached $15.69 on Tuesday, a development that’s been attributed to a softening US dollar.

Unfortunately, with positive economic indicators out of the US causing problems for gold, it’s likely silver will follow suit.