Reddit Investors Piling Into Silver Drive Up Prices a Second Day
- Spot silver jumps more than 4% to highest in three weeks
- Prices jumped Thursday as Reddit forum targeted the metal
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Silver jumped for a second day as the market remains on high alert after a call by Reddit posters to create a short squeeze sparked sharp moves on Thursday.
Spot silver rose as much as 4.3% as prices resumed an earlier climb after dollar gains eased. Silver futures increased as much as 7.1% on the Comex, and gold prices advanced.