Silver Futures Hit $18.98, Lowest Price Since July

Today, silver futures for March delivery fell $0.13, to $19.15 an ounce, Bloomberg reported. Earlier in the session, they fell to $18.98, their lowest level since July 9.

Yesterday, information from the US Department of Labor showed that in November, manufacturing activity grew at its fastest pace in more than two years, as per Bloomberg. Investors are concerned that positive economic data will push the Federal Reserve to begin tapering its stimulus program.

More economic data is due out this week, including a US jobs report on Friday, Kitco News said.

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