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Spot silver touches $60 an ounce, up 0.45% on the day
In short
Spot silver rose to touch $60 per ounce on October 8, up 0.45% on the day, CLS and Jiemian reported. Yicai reported that spot silver broke through $60.
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Spot silver rose to touch $60 per ounce on October 8, up 0.45% on the day, CLS reported at 08:56 local time. Jiemian carried the same figures at 09:22. Yicai, also at 08:56, reported that spot silver had broken through $60. The reports were brief market flashes and gave no cause for the move or any later price. [ 1 , 2 , 3 ]
Why it matters
The move was reported in brief market flashes by three business outlets. The documents give no cause or wider context for the price level.
Key facts
Confirmed by several sources
Still unclear
- Whether silver held above $60 or only touched the level. Yicai said silver broke through $60, while CLS and Jiemian said it touched $60; none reports a later price.
- What drove the move. None of the documents gives a cause.