Silver Bounces Back Over $20 After China Day-Traders Trounced

by Tyler Durden
ZeroHedge.com
Jul 5, 2016

The last 48 hours in precious metals markets – more specifically silver – has been chaotic to say the least with a massive spike Sunday night above $21 and a sudden flash crash overnight to $19.50 before rallying back above $20 this morning. Silver’s recent rise mirrors a similar surge in steel rebar and iron ore futures in April.

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This entry was posted on Tuesday, July 5th, 2016 at 10:31 am and is filed under China, Economics. You can follow any responses to this entry through the RSS 2.0 feed.