Silver Rises 0.4 Percent, Hitting $19.46 an Ounce

This morning, silver rose 0.4 percent, or $0.08, to trade at $19.46 an ounce, according to Reuters. The dollar’s diminished performance and continued tension in Ukraine both contributed to this lift in price.

“Any unfavorable developments between Russia and Ukraine still have the potential to propel gold and silver higher as safe-havens are sought, but with headlines on this front diminishing and tensions seeming to ease, the metals look to remain heavy in the short term,” Reuters quotes precious metals house MKS as saying.