Silver Set for Worst Weekly Drop Since 1975 Amid Commodity Rout

Bloomberg reported on the recent rapid decline in silver prices.

The market news is quoted as saying:

Silver for July delivery on the Comex in New York fell 2.4 percent to $35.36 an ounce at 11:50 a.m. in Singapore, taking losses to 27.3 percent this week as it plunged for a fifth consecutive day.

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