Silver climbs 4% to new all-time high of $100

The price of silver continued its historic rally on Friday, rising to a fresh all-time high of $100,17 amid heightened geopolitical risks and increased industrial demand for the metal. Although tensions over Greenland have apparently subsided following the World Economic Forum in Davos and United States President Donald Trump’s pledge not to use force to annex the Arctic territory, investors seemingly still sought safe-haven assets to offset potential global risks. At 10:51 am ET, Silver rose 3.77% to sell for $99.78 per ounce, and gold increased 0.79% to exchange for $4,955.98 per ounce. Platinum surged 4.16% a minute later, changing hands at $2,739.69 per ounce, while palladium jumped 6.06% to go for $2,001.77 per ounce.

NN: Feeding frenzy… Sell the shit out of this insanity