Silver Price Finds Support 2020

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Fears of the coronavirus have introduced new volatility into the stock market in 2020. Brexit has also contributed to investor concerns. How are the precious metals trading on market news? See below:

“The silver spot price made a loss of roughly 1%, underperforming gold, which enjoyed a gain of nearly 4%,” Orchid Research wrote. “We attribute its weakness to the increasing sensitivity of silver prices to the base metals, which experienced a sharp sell-off in the first month of 2020 as a result of heightened macro fears over the Coronavirus outbreak.” Source: Kitco

Check the live silver spot price here!