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Silver’s retreat looks more like a pause than a reversal
Silver has lost some of its shine. After a remarkable rally that took prices to record highs earlier this year, the precious metal has retreated to around $60 an ounce as investors reassess the outlook for interest rates and global growth. The decline reflects a familiar tension in commodity markets. Silver occupies an unusual position, valued both as a precious metal and as an industrial input. That dual role means it is influenced not only by safe-haven demand but also by expectations for manufacturing, technology and the broader economy. The immediate headwind has come from financial markets rather than physical ... (full story)
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