Silver hits fresh year-to-date low of $54.77 before recovering to $56.00

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Silver prices hit a fresh year-to-date low of $54.77 per troy ounce before recovering some ground on Friday. XAG/USD traded at $56.00, up 0.84% on the day, but was still poised to finish the week down over 6.50%.

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⛏Silver Futures
SILVER
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Silver hits fresh year-to-date low, indicating bearish supply/demand balance or market sentiment.

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