Silver prices declined in line with gold, reflecting broader weakness in the precious metals segment. The metal faced pressure due to global uncertainty, currency strength, and subdued industrial demand outlook.
Unlike gold, silver also has significant industrial usage, making it more sensitive to economic growth expectations. As global growth concerns persist, silver prices are witnessing additional volatility.
Experts suggest that while the long-term outlook remains stable, short-term fluctuations may continue due to external factors such as geopolitical risks and macroeconomic developments.
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