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Silver prices hit their highest level since 2013 as retail investors encouraged by Reddit posts bought the metal and pushed up silver miners' shares. Analysts said a short squeeze similar to GameStop's is unlikely because adequate silver supply exists.
The rally is speculative and analysts expect it to fade, so it has no lasting effect on feed grain, oilseed or protein prices.
financialpost.comReutersFeb 1, 2021Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
