Reported 3 days ago
Silver experienced its largest decline in six months, falling more than 6% as the precious metals market retreated following a recent rally. The drop was influenced by easing concerns over U.S. credit quality and trade tensions with China, which diminished demand for silver and gold. Despite a significant surge in gold prices this year, the silver market has been tightening, leading to recent profit-taking as prices were seen as rising too quickly.
Source: YAHOO