Loading ...… $382 … right now … if it didn’t trade during New York/Comex hours.
And if you go to CME you can see why today in spades as they added over 4k new contracts yesterday to keep the price contained. (and 25k for gold)
Metals Daily Exchange Volume & Open Interest – CME Group
Thing is, there are also idiots shorting record amounts of the silver in the EFTs (is it the banks?) – making for a truly explosive situation in spite of the usual rinse/repeat Comex cycle looking like it’s preparing for another go soon.
I don’t know what’s going on, but this has never happened before – so maybe the outcome will be different this time.
Silver only has $300+ worth of catching up to do.
Chuckle