Silver Futures Slide to Almost Three-Year Lows

Bloomberg reported that silver futures dropped heavily on Monday, cementing its position in a bear market.

As quoted in the market report:

Silver futures for May delivery plunged 12 percent to $23.15 an ounce in New York. Earlier, it dropped to $22.92, the lowest since Oct. 22, 2010.

To view the whole Bloomberg report, click here.