Silver futures in New York reached $87 per ounce, recording a 5.66% gain during today’s session. Simultaneously, the spot price of the precious metal also hit this quote of $87 per ounce, with a 2.87% increase in the session, according to Jin10 data.

This bullish movement marks an important milestone, as it is the first time in several weeks that the white metal has touched these levels. The last time silver reached this price per ounce was in early February, thus consolidating a recovery trend in the prices of the precious metal in international markets.