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Spot Silver Drops Below $50 an Ounce After 4.13% Intraday Loss

The spot price stood at $49.992 per ounce, 4.13% lower during the day.

A silver bar rests on the lowered pan of a precision balance / TokenPost.ai
A silver bar rests on the lowered pan of a precision balance / TokenPost.ai

Spot silver fell below $50 an ounce on Oct. 30, trading at $49.992 per ounce as it posted a 4.13% intraday decline.

The quoted price was $0.008 below the $50 level. The figures describe spot silver’s price per ounce and its move during the day, placing the metal below the round-number threshold.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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