Silver price fell below $100 – APMEX and other brokers show differences

The spot price of silver temporarily rose above the symbolically important mark of $100 per ounce but quickly fell back. According to a report from PANews, the silver price at APMEX briefly reached up to $100 per ounce, now down to $99.71 per ounce. This fluctuation demonstrates the volatility of the precious metals market when approaching psychologically significant levels.

Interestingly, the silver price on other leading broker platforms did not surpass the $100 mark. These brokers currently quote the spot price of silver at around $99 per ounce. The differences between trading platforms indicate varying liquidity conditions and market response times. Market observers see this price decline from the psychologically important $100 as a temporary phenomenon, typical for precious metals markets when critical price points are reached.