Silver plunges over 50% from peak as rate fears bite
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Silver prices have fallen significantly, with some reports indicating a drop of over 50% from its peak, amid concerns about interest rates. The decline in silver is part of a broader slump in assets such as gold, bitcoin, stocks, and bonds, which are being affected by various global pressures and fears about inflation and rate hikes. The extent of the decline varies, with some reports citing a 7% fall in silver, while the impact on other assets like gold and bitcoin is also being felt.
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