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Silver Dips, but China Fears Remain
Silver has started the new trading week with losses. Currently, silver is trading at $17.77, down $0.23 or 1.37% on the day. Silver continues to keep investors guessing at to where it is headed. After sharp losses last week, the metal rebounded late in the week, gaining close to 3 percent and pushing across the 18.00 level, which as psychological significance. However, this line continues to prove resilient, and is back in a resistance role on Monday. Silver is clearly comfortable around the 18.00 level, and I expect this line to remain relevant during the week. The China coronavirus continues to weigh on global ... (full story)