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Silver is sliding for an 8th straight day

Seth Archer   

Silver is sliding for an 8th straight day
Finance1 min read

Silver is falling for the eighth straight day on Monday, trading down 1.86% at $15.33 an ounce.

The commodity is at its lowest levels since April 2016.

Silver was under pressure last week before experiencing a flash crash on Friday that sent the price down 7% before recovering most of those losses. It resumed its downward trend after the flash crash.

Silver's eight-day slide has led to a drop of 5.3%. The white metal is down about 5.1% so far in 2017.

Gold has been on a similar decline, falling in each of the last eight days. The commodity is down 2.51% over the last week and is currently trading around $1210.30.

Click here to watch the price of silver in real time...

silver chart

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