U.S. Mint Halts Silver Product Sales Amid Record $90.43 Price Surge
The United States Mint has suspended all silver product sales as physical supply constraints intensify, coinciding with silver reaching an all-time high of $90.43 per troy ounce.
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Terms & Concepts
Troy ounce: A unit of measure used for precious metals, equal to approximately 31.1035 grams.
U.S. Mint: A government agency responsible for producing coinage and precious metal bullion for the United States.
Silver bullion: Investment-grade silver in the form of coins, bars, or rounds, valued primarily by its metal content.