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Reuters reported that silver prices slid along with gold and oil.
Reuters reported that silver prices slid along with gold and oil.
As quoted in the market news:
Silver slid more than 4 percent, following Brent crude oil which tumbled over 3 percent a 18-month low and steeplosses on Wall Street. Thursday’s sell-off in assets across the board amid a dimmer economic outlook lessened the need of buying gold to hedge against inflation.