Theories about the rise in the price of silver : The Indicator from Planet Money The price of silver shot up this week. Theories abound about what drove the trading.
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Hi Lo Silver

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Hi Lo Silver

Hi Lo Silver

Hi Lo Silver

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  • <iframe src="https://www.npr.org/player/embed/963791189/963807490" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript
JOEL SAGET/AFP via Getty Images
(Photo by JOEL SAGET/AFP via Getty Images)
JOEL SAGET/AFP via Getty Images

Over the last couple of weeks, we've seen some crazy volatility in the markets for certain stocks. The video and computer game retailer GameStop, the movie theater company AMC, and several more, have all seen wild swings in their share prices.

This week, the volatility spread from the stock market and into commodities. Silver saw prices go up as much as 13 percent. This may not sound like much, but for silver, that's a lot. And there was no really clear reason for this.

On the show, we ask precious metals trader at BMO, Tai Wong, to explain what's been going on in the market for "the devil's metal".

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