Silver Hits Record $100 Amid Red‑Hot Metals Market
Gold, copper, palladium, and platinum also registered massive gains on Jan. 23.
A woman displays a one ounce commemorative gold coin and one ounce silver coin with Taiwan’s newly elected President Lai Ching-te and Vice President Hsiao Bi-khim portraits in Taipei on March 20, 2024. Sam Yeh / AFP
Silver prices continued their meteoric ascent at the end of the holiday-shortened trading week as the white metal touched $100 for the first time.
On the COMEX division of the New York Mercantile Exchange, silver futures surged $3.65, or 3.8 percent, to $100.02 per ounce at 10:51 a.m. (EST) on Jan. 23.
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
