The exchange price of silver has reached a new historical high, according to trading data from the Comex exchange.
During trading on January 14, March futures for silver rose by 5.83%, reaching $91.37 per ounce.
The price of silver has been rising actively for the fourth consecutive day, during which time the precious metal has gained 21.6%. The increase in the cost of silver is explained by a shortage of supplies and high demand amidst geopolitical uncertainty.