Page "Silver" Paragraph 73
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Wikipedia
In 1980, the silver price rose to a peak for modern times of US $ 49. 45 per troy ounce ( ozt ) due to market manipulation of Nelson Bunker Hunt and Herbert Hunt.
Inflation adjusted to 2011 this is approximately US $ 150 per troy ounce.
Some time after Silver Thursday, the price was back to $ 10 / ozt.
From 2001 to 2010, the price moved from $ 4. 37 to $ 20. 19 ( average London US $/ oz ).
According to the Silver Institute, silver's recent gains have greatly stemmed from a rise in investor interest and an increase in fabrication demand.
In late April 2011, silver reached an all-time high of $ 49. 76 / ozt.
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