In a 24 hour period silver went from $17. 70 to $16.60. With over a whole dollar drop in the spot price, some investors are wondering if it will go even lower, or if it is waiting for its next big jump. Take a look at the 24 hour graph on the left to see the drop in the spot price.
When looking at this graph on the right you will see what silver has done in the last year. It has gone up and down throughout the year, but in general, it has done nothing but go up. Most are expecting the spot price to continue to go up once it comes out of this drop.
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