The price of silver rose to its highest level in 14 years on Monday due to growing interest in safe assets. On the spot market, the price of silver increased by 2.4% to $40.61 per ounce, the highest since September 2011.
Experts note that demand for silver and other precious metals is being supported by uncertainty surrounding US trade policy and expectations for the release of a labor market report that could influence the Fed’s future interest rate decisions.
