Silver Hits 30-Year Peak On Optimism About Industrial Demand

- January 3rd, 2011

Kitco reports that Silver hit its highest level in 30 years Monday.

Kitco reports that Silver hit its highest level in 30 years Monday.

The market news is quoted as saying:

Shortly after 10 a.m. EST, most-active March silver was 14.8 cents, or 0.5%, higher at $31.085 an ounce on the Comex division of the New York Mercantile Exchange. It peaked at $31.275. Nearby but lightly traded January silver was up 15 cents, or 0.5%, to $31.06 and hit a high of $31.195.

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