📉 Silver Prices Plunge Over 4% to $62/Oz
🔹 Silver fell sharply from $65 to $62, extending its correction from recent highs.
🔹 A stronger U.S. Dollar, rising bond yields, and reduced expectations for Fed rate cuts continue to pressure precious metals.
🔹 Traders are watching the $61 support level closely. A break below could open the door toward $50.
🔹 Despite the decline, some analysts believe silver is entering oversold territory, which could trigger a short-term rebound.
📌 Key Level to Watch: $61 Support
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farah khan
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