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.
Companies like New Pacific Metals Corp. (NYSE American: NEWP) (TSX: NUAG) that are exploring for and developing properties rich in silver deposits are well positioned to benefit from the upward momentum in the price of the metal since it is now easier to attract investment and undertake the preliminary…
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