On Tuesday silver prices were dragged down to $20.60, leading many precious metals investors to wonder where their complex would head next. The only metal which showed any strength was platinum. The soft prices in 2013 for silver did not stifle demand, as sales of the American Silver Eagle one-ounce bullion coin hit an annual record Tuesday.
The total sales to date as of Tuesday, November 12, 2013, were 40.175 million ounces, according to the Mint.
The previous annual record was set in 2011 at 39.869 million ounces.