Company updateCNBC-TV18
Silver prices correct sharply from record highs
Neutral0
GreyOak summary
Silver prices fell sharply from an all-time high of $122 to around $50 due to a stronger US dollar, higher bond yields, and a 19% drop in solar demand. Major brokerages forecast a trading range between $63 and $95 for next year, with no return to triple-digit prices expected.
What it affects
- SilverNeutral 0
Prices fell from record highs to under half.Rolling sentiment Neutral 0
