Silver Pulls Back on Profit-Taking
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Silver prices fell over 5% to $72 per ounce on Wednesday, following a year-end profit-taking pullback after a significant rally in 2025, where prices briefly exceeded $80 per ounce. The metal appreciated 162% over the year, outperforming major stock indices and currencies. Analysts expect continued strong demand for silver, particularly if US interest rates decline in 2026. Tim Waterer from KCM Trade noted robust interest in metals and structural factors supporting the market despite short-term fluctuations.
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