Silver price volatility lowest in decade – now watch it move

Silver's wild price fluctuations compared to other precious metals is why traders' often refer to it as the devil's metal. Or in today's parlance: Like gold on crack.

Silver was the only precious metal to end last week with an YTD loss. Downside support for the silver price is near US$19/oz. and 30-day volatility is the lowest in a decade. Historically this has often been a precursor to a price rally":

Silver price volatility lowest in decade – now watch it move