Silver Price Today: Greece Concerns Push Silver to $16.77 per Ounce

Jun. 02, 2015 09:12AM PST

The silver price increased 0.4 percent on Tuesday to reach $16.77 an ounce. A softer dollar and continued anxiety regarding the ongoing Greek debt crisis are pushing investors toward safe-haven metals

The silver price increased 0.4 percent on Tuesday to reach $16.77 an ounce, Reuters reported.

A softer dollar and continued anxiety regarding the ongoing Greek debt crisis are pushing investors toward safe-haven metals. Currently, Greece is embroiled in discussions to resolve its debts and remain solvent. If Greece, other Eurozone countries and the International Monetary Fund are unable to reach an agreement, Greece could default on its loans and leave the Eurozone.