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Silver price plunges nearly 10% as Reddit rally reverses

MINING.COM Staff Writer | February 02, 2021 | 8:21 am Intelligence Markets News Top Companies Asia China Europe USA Silver 

The buying frenzy that sent silver to an eight-year high Monday went into reverse on Tuesday with futures on the Comex exchange dropping by 9.5% in afternoon trade to $26.65 an ounce, after CME Group hiked margin requirements. “The rush in silver was...

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