Silver Prices Plummet Amid Global Market Volatility
Silver prices took a hit on Tuesday, September 15, as the precious metal fell to $62.82 per troy ounce, according to FXStreet data. This represents a decline of 0.68% from Monday's price of $63.25.
The drop comes after Silver prices have decreased by 11.62% since the beginning of the year, underscoring the metal's volatility.
Despite its safe-haven status, Silver tends to follow Gold's moves, and investors often turn to it as a diversification tool or hedge against inflation.