Silver price today whipsaws after record high as profit-taking bites; SLV, miners fall
Spot silver tumbled 1.15% to $115.46 an ounce Thursday after hitting a record $121.65 and plunging to $106.81. The SLV ETF dropped nearly 2% as silver mining stocks fell. Gold also retreated from highs as investors locked in gains. The Federal Reserve kept rates steady, while President Trump said he will announce his Fed chair nominee next week.