Why silver staged a big end-of-year rally and broke records

Why silver staged a big end-of-year rally and broke records


Investing in silver this year has been a lucrative bet, with the precious metal well outperforming the stock market, gold, and cryptocurrencies such as bitcoin.

Much of the gains have come in just the past few months, and while the explosive rally appeared to reverse a bit to start the week, investors have seen triple-digit returns on silver over the past year.

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Silver prices dropped more than 7% on Monday, although, as of Monday, have increased by over 20% in the past month and nearly 97% in the past six months. The price of silver has ballooned 142% from a year ago.

An ounce of silver cost just over $29 a year

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