Silver Breaches $100, Sets New Price Record
As last week ended, the price of silver reached $100 per ounce for the first time ever and as this week got underway, it climbed even higher to set another record high of $109. The gains registered in the market for silver come at a time when gold has also been having its own rally that has taken it to new record levels. As silver crossed the $100 price level, gold soared to its own all-time high of $5,000 an ounce. This new high comes after the precious metal recorded gains for several months that have caused analysts to become…