Silver Drops 1.49% to $57.53 per Ounce on Tuesday
Silver prices fell on Tuesday, with XAG/USD sliding 1.49% to $57.53 per troy ounce from the previous level of $58.40.
XAGUSD
Silver (XAG/USD) declined on Tuesday, according to data from FXStreet. The white metal traded at $57.53 per troy ounce, marking a drop of 1.49% from the prior price of $58.40.
The decline reflects a bearish session for silver, as the pair came under selling pressure. No specific catalyst was mentioned in the report, but price action pointed to a short-term downtick.
Traders will watch upcoming levels for potential support or further downside. The move places XAG/USD on a weaker footing compared to the previous day.
Source: FXStreet Forex News