Silver Pushed Out of Spotlight as Platinum, Palladium Shine

This morning, silver lost 0.1 percent to trade at $19.31 per ounce, according to Reuters.

Spurring that small drop was the dollar’s positive performance; precious metals prices tend to fall when the dollar is doing well as their appeal as safe-haven investments is reduced.

Furthermore, precious metals investors have primarily been focused on platinum and palladium today, the news outlet states. As a result, gold and silver have been pushed into the background.