Silver Prices man

Silver prices averaged USD 82.03 per troy ounce in February, down 9.8% from January. On 27 February, the commodity traded at USD 92.10 per troy ounce, down 6.7% from 30 January.

In February, average silver prices fell at the sharpest pace in over three years, putting an end to the white metal’s nine-month rally. Prices were volatile, plunging in early February, as some traders booked gains, with market movements magnified by thin liquidity. Still, silver prices subsequently regained some ground, as robust industrial and investor demand ran up against tight supply, while safe haven demand strengthened on mounting U.S.-Iran tensions.