Silver prices dropped to an 11-month low of $50.69 per troy ounce on Friday, marking the third straight day of losses for the metal amid sustained selling pressure.
Silver is currently experiencing a sustained downward trend, marking its third consecutive day of losses. The asset has reached a significant technical milestone by hitting a fresh 11-month low of $50.69 per troy ounce, reflecting persistent selling pressure during Friday's European trading session.
Silver is in a bearish trend, having declined for three straight days to reach an 11-month low of $50.69.
As of the latest European session, Silver is trading at approximately $50.69 per troy ounce.
Silver prices extended their decline for the third consecutive session, hitting an 11-month low of $50.69 per troy ounce. The precious metal remains under pressure during European trading hours as bearish sentiment continues to dominate the market.
Silver is currently in a bearish trend, having posted losses for three consecutive days and reaching an 11-month low.