# Shares rally, retail surge drives silver to 8-year high

> Global shares rebounded after a steep sell-off the previous week, while silver surged to an eight-year high as retail investors pushed the metal higher through social media campaigns.

- Date: 2021-02-01 · published 2021-02-01T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/5004-shares-rally-retail-surge-drives-silver-to-8-year-high
- Commodities: [TSP](https://feedsoft.ai/c/TSP.md)

## Why it matters

The silver rally is driven by speculative retail demand rather than industrial or supply changes, and it has no direct bearing on feed grain or protein prices.

## Sources

- reuters.com: https://www.reuters.com/article/us-global-markets/global-shares-rally-retail-surge-drives-silver-to-8-year-high-idUSKBN2A11VZ/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.