Silver prices have gone above $75 (approx. £56) a troy ounce on Friday, and this is an extreme point in a year of huge profits.
Not only have institutional investors contributed to the rally — making silver more than twice its value since January — but also a herd of amateur traders overwhelmed by the frenzy. Meanwhile, Gold was approaching the $4,550 (roughly £3,375) troy ounce mark, which strengthens its image as a safe-haven asset amid geopolitical tensions.
