Silver slides below $64 as profit-taking pressure persists

Silver (XAG/USD) has dropped below the $64.00 level, according to the update, with the pair trading around $63.50 per troy ounce during Asian hours. The move extends losses for a second consecutive day.

The report attributes the slide to profit taking, signaling that traders are locking in gains after recent strength. No additional catalysts are specified in the source.

The break below $64.00 leaves the metal on a softer near-term footing, though the update does not provide further support or resistance levels beyond that threshold.