Silver Rises to $19.76 an Ounce on Yellen Comments

Today, silver rose 0.25 percent, or $0.05, to trade at $19.76 an ounce, according to Reuters.

The gain came as US Federal Reserve Chair Janet Yellen assured investors that the central bank will continue to enact policies aimed at supporting the US economy. Recent lows in precious metals prices have also prompted investors to buy low, further helping silver’s price.