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Silver Drops Nearly 3%, Gold Down by over 1%

Summary by BizToc
More to come...Silver fell by 2.93% to go for $62.45 per ounce at 9:36 pm ET. Gold dropped by 1.71% to $4,214.79 per ounce at 9:42 pm ET. Meanwhile, platinum went down by 1.13% and went for $1,755.58 ...
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After approaching the $70 level, spot silver ended last week with losses due to selling pressure. The precious metal fell 3 percent on a weekly basis, dropping to $61.72, while gram silver started the new week at 97.32 TL.

Precious metals suffer a strong correction as oil rises again after Donald Trump's rejection of the Iranian proposal to reopen the Strait of Ormuz.

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BizToc broke the news on Monday, September 28, 2026.
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