Silver Prices Retreat After Hitting Record High Amid Market Squeeze

Reported 19 days ago

Silver prices decreased by 3.4% after reaching an all-time high of $53.55 an ounce, as signs of a squeeze in the London market began to ease. Despite the drop, supply remains tight due to increased demand, particularly from India, and concerns over potential US tariffs on silver. Analysts warn of a possible correction in silver prices, which are significantly more volatile than gold and heavily influenced by market liquidity.

Source: YAHOO

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