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Silver Price Today: Silver Crashes 3% as Post-Fed Selling Returns

Silver Price Today: Silver Crashes 3% as Post-Fed Selling Returns

Photo: CaptainAltcoin

Silver is selling off again on October 29, falling almost 3% toward the low-$52 area and erasing much of the stability it showed around the Federal Reserve meeting. The latest Kitco three-day chart shows silver near $52.32, down roughly $1.53, or 2.8%, during Thursday’s session. That puts XAG/USD close to the lowest point of the three-day window, around $52.14, after trading as high as roughly $54.73. The failure to hold above $54 is important because silver had several chances to stabilize there. Instead, sellers returned almost immediately.

Source: CaptainAltcoin

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