Follow the latest updates. : The army of Reddit users who last week launched into an extraordinary trading war with established Wall Street hedge funds over shares in failing video game retailer GameStop has switched its focus to silver, sending the price of the precious metal soaring on Monday morning. Reddit-propelled stock buying drove the price of silver up by as much as seven per cent to $28.99 an ounce, its highest value since mid-August 2020 as amateur investors looked to further exert their influence over the markets.