Silver's price jumps again. Is another rally coming?

Silver has bounced back after a volatile stretch. Spot silver is trading around $69 to $70 per ounce, recovering from a pullback that took prices as low as $67.75 on March 26. The metal had been trading as high as $72.60 on March 25 before sellers pushed it lower. The move back toward $70 reflects a combination of short-term macro factors and longer-term structural forces that have been building for years. Understanding both helps explain why silver has been one of the most closely watched commodities of ...