Why the Silver Price Is Climbing 2% Today

The silver price is up more than 2% in early trading today (Monday) to $15.33, continuing a 2016 rally for the precious metal. The silver price is now up nearly 10% since the end of January. Silver prices were aided in the past week by a surprise move from the Bank of Japan, which instituted negative interest rates. Statements about dollar strength by the New York Fed's president last week also boosted the silver price. All of this has combined to make for one of the strongest weeks in quite a while for silver prices. Let's look more closely at how it got there and what other factors are driving it... Tags: price of silver , price of silver today , silver price , Silver Prices , silver prices 2016 , silver prices now , silver prices today , spot silver , spot silver prices To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2016 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Why the Silver Price Is Climbing 2% Today appeared first on Money Morning - We Make Investing Profitable .