The pandemic is playing havoc with the functioning of the silver market and there are echoes of the events after the financial crash of 2008. Silver has once again being seen as a safe haven for investors in times of great uncertainty.
This has lead to silver more than doubling in price in the last five months. Fortunately demand for physical silverware is quite low at the moment due to the restrictions related to COVID.
Silver has leapt from $12 in March to over $27 in just five months.
However please be aware that any quotes you receive at the moment from us will be higher. Hopefully as the uncertainty recedes the silver price will return to a more normal position. We will keep you informed as things develop.