We all know precious metal prices has been increasing. I got this chart from metalprices.com.
It's very interesting to see how fast the price changes. I started selling jewelry around year 2003. By then, silver price is about $5/troy ounce. Recently, it's reached about $16/troy ounce, which is about 22% increase.
Which makes me wonder,... how high would it go. What do you think?