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Silver gets the GameStop treatment

The price of silver lifted to an eight-year high on Monday as Gamestop-inspired retail investors attempted to trigger a short squeeze on the precious metal, pouring funds into silver backed ETF, iShares Silver Trust.

Silver gets the GameStop treatment Silver gets the GameStop treatment Silver gets the GameStop treatment Silver gets the GameStop treatment Silver gets the GameStop treatment

The price of silver has lifted to an 8-year high Image: Unsplash/Jess Bailey

Silver prices in London rose from just over US$25/oz on Thursday to almost US$30/oz on Monday as the online craze for countering short selling continued.