Precious metals showed a significant rebound in today’s trading, with prices rising up to $80 per ounce after experiencing a period of strong instability at market open. According to data provided by Jin10, silver rebounded more than $6 from the session’s low, significantly reducing intraday losses. What initially appeared to be a difficult day for the metal, with a plunge reaching 16%, was partially recovered with a final decline limited to 9%.
The fluctuations in silver price per ounce reflect the current turbulence characterizing commodity markets. The recovery from mid-day suggests a certain revival in demand, although volatility remains high. Traders continue to closely monitor price levels, with $80 per ounce representing an important reference point in today’s session.
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Silver per ounce recovers from lows after morning volatility
Precious metals showed a significant rebound in today’s trading, with prices rising up to $80 per ounce after experiencing a period of strong instability at market open. According to data provided by Jin10, silver rebounded more than $6 from the session’s low, significantly reducing intraday losses. What initially appeared to be a difficult day for the metal, with a plunge reaching 16%, was partially recovered with a final decline limited to 9%.
The fluctuations in silver price per ounce reflect the current turbulence characterizing commodity markets. The recovery from mid-day suggests a certain revival in demand, although volatility remains high. Traders continue to closely monitor price levels, with $80 per ounce representing an important reference point in today’s session.