Commodities · Brief

Silver Falls to About $51 an Ounce

Silver dropped $1.74 from the day before as a firmer dollar weighed on metals.

Kunkafa News · Published · 2 min read

Kareem FaridBy Discuss with the author on X

Key points

  • Silver traded at $51.04 an ounce early on Thursday, down $1.74.
  • Silver is down about 28% since the start of the year.

Silver was at $51.04 an ounce at 6:30 a.m. New York time, Fortune reported. FXStreet data show that silver is down 28.38% since the start of the year.

A firmer dollar after the hot US inflation report weighed on metals priced in dollars.

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