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USV - Silver Sat At $17 And Then Fell To A Lower Low
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Silver can be one of the wildest markets and the most volatile precious metal that trades on the futures exchange. Since 1980, silver has traded as low as $3.505 and as high as $50.36 per ounce. The most recent high came in 2011 when silver stopped just short of its all-time peak and reached $49.82.
Silver is a schizophrenic metal, while the price action can be explosive or implosive at times, it can also spend long periods in a volatility coma where the price hardly moves.