Spot Silver Tops $30 an Ounce to Hit Highest Since 2013

  • Precious metal surged as much as 6.8% in Friday trading
  • Silver is one of the best-performing metals this year
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Spot silver surpassed $30 an ounce to hit the highest level in more than a decade.

The precious metal closed 6.5% higher at $31.49 an ounce Friday, the highest since February 2013. It has soared 32% this year, outpacing gold and making it one of the year’s best-performing major commodities.