Silver Bleeds $48 Million as Oil Pressure Roars Back

Silver (XAG/USD) was already on soft footing as speculators trimmed their bullish bets, and a fresh Iran escalation has now reignited the oil bid that works against it. Silver price has slipped over 1% day-on-day, at the time of writing. The metal trades near $74, well off its January record near $121. Two forces are