Silver Prices Slide as Gold Rebounds Amid Geopolitical Tensions

Silver prices have fallen by 0.46% from $66.98 to $66.67 per troy ounce, according to FXStreet data. This decline comes at a time when gold prices are rebounding due to geopolitical tensions between the US and Iran.

The silver price has decreased by 6.21% since the beginning of the year, and its value is heavily influenced by factors such as interest rates, the US Dollar, and investment demand.

Silver is a precious metal that is widely used in industry, particularly in electronics and solar energy due to its high electric conductivity.