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After a poor showing in the second quarter, silver prices ticked up on July 3.
After a poor showing in the second quarter, silver prices ticked up on July 3. Spot silver has increased by $0.39 to hit $19.76 an ounce, while silver futures for September delivery have increased $0.43, to $19.74 an ounce, according to Reuters.
Commodities across the board have pulled out of the decline that was triggered by the US Federal Reserve’s plan to curb its $85-billion monthly stimulus package in the face of an improving US economy. As investors wait for new employment data, the dollar has moved lower, sending silver prices higher.