Silver slumps over 5% as US data fuels risk-on mood, extends metals rout
Silver price registers losses of over 5% on Monday as the precious metals liquidation continued for the second straight day. Upbeat economic data in the US improved risk appetite to the detriment of the grey metal. At the time of writing, XAG/USD trades at $80.40 below its opening price.
Silver price registers losses of over 5% on Monday as the precious metals liquidation continued for the second straight day. Upbeat economic data in the US improved risk appetite to the detriment of the grey metal. At the time of writing, XAG/USD trades at $80.40 below its opening price.
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