Silver Revisits August Low of $19.51 an Ounce

Silver fell $0.39 today, to $19.51 an ounce, its lowest price since August 8, Reuters reported. Futures for March delivery are also doing poorly today — thus far they have dropped $0.54, to $19.49 an ounce, according to MarketWatch.

During November, the white metal fell 8.6 percent, making that month the worst for the metal since June.

Influencing silver today was new US manufacturing data that came out this morning. It was better than analysts expected, and could encourage the US Federal Reserve to being tapering its stimulus program, MarketWatch said.

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