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Home > Silver Surges Above $15 - Biggest Jump In 3 Months - Royal Mint Issues New Coin

Silver Surges Above $15 - Biggest Jump In 3 Months - Royal Mint Issues New Coin

By Tyler Durden
Created 08/07/2015 - 09:45
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 08/07/2015 09:45 -0500



 

Spot Silver prices are spiking this morning after an initial drop post-payrolls. The 2.9% jump, breaking back above $15, is the biggest daily jump since early May... This is happening as UK's Royal Mint releases 50,000 new GBP100 [2] silver coins... [2] [2]having previously run out of supply to meet physical demand.

 

[3]

 

Charts: Bloomberg

 

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Source URL: http://www.zerohedge.com/news/2015-08-07/silver-surges-above-15-biggest-jump-3-months

Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.royalmint.com/shop/Buckingham_Palace_2015_UK_100_pound_Fine_Silver_Coin?tab=detail#productdetails
[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/08/20150806_dsilv.jpg