Business Insider reports that on Tuesday Silver exploded 7%.<br />Silver also got a boost from European Union's $860 recovery package aimed at long-term investments.<br />A market analyst at OANDA said silver is benefitting from a "buy-everything" trend hitting global markets.<br />"The reopening trade is triggering strong industrial demand for silver and now that the $20 level has been cleared, bullish momentum might not see much resistance until its closer to the $22.50 level," according to OANDA's Edward Moya.
