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Reddit users push Silver price to $30 per ounce in US, hits 8-yr high
short by Hiral Goyal / on Monday, 1 February, 2021
Silver futures jumped 13% to $30.35 per ounce in US on Monday to record an 8-year high as users on Reddit forum WallStreetBets, which led to 1,600% year-to-date surge in GameStop shares, made an attempt to squeeze the commodity. "If Silver market is proven to be fraudulent, you better believe Gold market will be next," Bitcoin investor Cameron Winklevoss said.