Concerns as to whether the Greek debt would have a chain reaction surrounding countries was put on hold after gold remains on a three-week high.

Silver fell to a low of $36.30 an ounce but was able to recover and close the markets at $37.12.

There are speculations as to whether the market will ever have a stable consistency. Of course that is far from likely, and Commerzbank analyst, Eugene Weinburg, states there is a “major intraday reversal of some eight percent, the potential right now is that we see one step forward and two steps back in silver”. Weinburg believes that this is buyers will always be seeing.

In late April, silver touched it’s highest at $49.51 before it fell sharply. Harriet Hunnable, CME Managing Director of metal products explains how the market for silver is much more unpredictable than gold. If the prices of gold go up, then silver will go up even more.

Buyers have been chasing the gold market, and jewelers from Indonesia cashed in on the gold after recent prices whereas India the main consumer cashed in due to the upcoming wedding season.

It's an unpredictable market, so customers have to expect for the unexpected.