Silver price slides 9% and SLV sinks as traders brace for Friday’s US CPI
Spot silver slid 9.4% to $76.37 a troy ounce as of 12:01 p.m. EST, according to market data, swinging between a session low of $74.97 and a peak at $84.98.
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First Majestic Silver Corp inched up roughly 1% to $27.82 in premarket action Monday. Shares finished Friday’s session at $27.55, having climbed 11.2% during the day.
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