Silver Miners' Shares Fall as Prices Plunge Amid Renewed Selling Pressure

MT Newswires Live

02/06

Shares of Andean Silver (ASX:ASL) and Unico Silver (ASX:USL) fell around 17% and 10%, respectively, in the recent Friday trade, as silver prices tumbled sharply, erasing a two-day recovery amid renewed selling pressure fueled by speculative activity and positions held by commodity trading advisors.

Spot silver plunged as much as 18%, slipping below $73 an ounce.

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