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Silver Price Today Drops 5.5% From Record High Amid Dollar Strength

Silver has fallen nearly 5.50% from its record high of $93.70 per ounce.

On Friday, COMEX silver closed at $88.537 per ounce. The price dropped about 4.15% during the day. This sharp fall has raised concerns that silver may have reached a short-term peak.

Why Silver Prices Are Falling

Market experts link the recent decline to tighter trading rules. U.S. regulators may increase margin requirements to control market volatility.

Earlier, the Chicago Mercantile Exchange (CME) raised silver margins before the New Year. This decision reduced heavy speculative trading.

If price swings continue, authorities may take similar action again to keep the market stable.

Key Factors Affecting Silver Prices

  • Strong US dollar
  • Lower geopolitical risk
  • Federal Reserve rate uncertainty
  • Possible margin requirement increase
  • Profit booking by traders

Silver Price Outlook

Silver prices may stay unstable in the short term. Traders are closely watching US economic data and Federal Reserve policy updates.

Investors should track market movements carefully and avoid risky trades during uncertain conditions.

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