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The price of silver hit a high in early September when the precious metal traded to a peak at 19.54 on the continuous futures contract and $19.75 on December futures. Since then, the price of silver corrected. Last week, silver fell to another new short-term low at $16.615 per ounce.
So far, in 2019, silver has traded in a range between $14.245 and $19.54 on the nearby COMEX futures contract. At around $16.90 at the end of last week, the price of the metal was at the midpoint of the year. Silver experienced a 50%