Weekly Silver Review: Prices Slump After Failing To Break Above $20 Per Ounce

24 Sep 2022 , 01:26 PM

COMEX Silver futures slumped heavily as $20 per ounce acted as a very stiff barrier for the metal. The global economic cues remain tepid and a sharp spurt in the US dollar is capping precious metals. Silver also tracked a sustained drop in the Copper prices. COMEX Silver fell to a one week low of $18.84 per ounce as equities tanked and US dollar soared to fresh two decade high. Powered by Commodity Insights