Silver loses more than half its value from record high: What went wrong and will it recover?
· economictimes.indiatimes.com
Silver has plunged more than 58% from its February record high of nearly $120 an ounce to around $50, as profit-booking, weaker industrial demand and shifting macroeconomic conditions weigh on prices. Geojits Hareesh V explains what drove the rally, why it unravelled and what could shape silvers recovery.
Why did silver prices reach a record high?
Why have silver prices fallen so sharply this year?
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