Silver Price Falls as Historic Short Squeeze Begins to Ease

Post Views: 379 Silver prices Silver Price Falls Amid Easing Short Squeeze Silver prices dropped by up to 3.6% after reaching an all-time high of $53.55 an ounce during volatile trading in London. The historic short squeeze pushing silver prices to unprecedented levels is now showing signs of easing. Traders have taken advantage of arbitrage opportunities between London and New York by shipping silver bars across the Atlantic. This activity has narrowed the price gap and started to reduce borrowing costs for silver in London. However, lease rates remain elevated. The surge in silver prices par...