Silver, one of the most valued commodities has surged to an eight-year high after a critical exchange on social media last week to buy the metal to push up prices.
The metal emerged as the latest focus for investors on Reddit’s WallStreetBets forum who train their followers on supposedly shorted assets, and a buying stampede swiftly followed. Traders are now trying to determine whether the move will have a sustained impact.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.