Economic Concerns Push Silver Prices Down

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.

Click here to read the full Reuters report.