Silver Has Tumbled 46% From its Peak to $66 an Ounce. Is This Top Silver ETF Still a Buy?

On Jan. 29, the price of silver reached its all-time high of $121.67 per troy ounce, quadrupling from $30.38 per ounce a year earlier. At the time, robust industrial demand, feverish investor demand, and production bottlenecks all drove its price higher.But since hitting that peak, it's declined 46% to $66 per ounce. Let's see why it pulled back -- and if it's the right time to buy silver via the iShares Silver Trust ETF (NYSEMKT: SLV).Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool