Silver is right after gold probably one of the best-known precious metals. It is widely used in different industries and thus its price movements can affect prices of different day-to-day products.
Safe havens such as gold and silver work in the time of bloodbath spreading all over markets. But tomorrow's US inflation can spark even more volatility.
The start of the new week was not the best for precious metals. Silver's volatility is above 3,5%. Covid protests in China bring uncertainty into markets.