Silver slumped $0.32, to $19.64 an ounce, on the COMEX in New York today.
Articles Tagged "comex silver"
Spot silver prices rose $0.67 to reach $22.60 an ounce today.
Silver futures for July delivery traded at $24.11 per ounce during European morning trade, which was down percent on the day.
Despite a less than stellar start this week, silver rallied Thursday for a close above $24.
Silver is stabilizing after a two-day massacre took the metal down over 17 percent.
Silver is maintaining its post-employment report gains and has moved higher.
Steep losses have dragged silver into the bear camp.
Silver prices remain range-bound, but a couple firms have cited the possibility of steep declines.
Silver prices have been slashed over the past week.
Silver prices declined further this week and some firms adjusted their outlook for the metal.