One billion ounces of silver traded in London on Monday as prices surged

The amount of silver traded in the London market surged to 1.006 billion ounces on Monday, triple the level typical in recent months, as prices rocketed to their highest since 2013, the London Bullion Market Association said on Tuesday.

Small investors flooded into the silver market in recent days, answering calls on Reddit and other social media to buy massive amounts of metal to push up prices.

One billion ounces of silver traded in London on Monday as prices surged