CAPITAL MARKETS

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.

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

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. Readers unaware of the Gamestop phenomenon of...

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