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Silver plunges into a bear market for the first time since 2022. Here's how long it may last
A more than 30% one-day drop in silver on Friday pulled prices for the metal into a bear market for the first time since 2022, but the move hasn't shaken everyone's confidence in the metal's potential. "I'm inclined to discount the traditional percentage-drop parameters," said Peter Grant, vice president and senior metals strategist at Zaner Metals, adding that he isn't "entirely convinced silver is in a bear market" - even if it technically is. Grant isn't alone. Other strategists pointed to silver's impressive climb, with prices that have more than doubled in the span of 12 months, as a sign that the precious ... (full story)