Silver Price Drops 3.5% as Dollar Rebounds and Yields Stabilize

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Silver extended its decline on Thursday, with XAG/USD trading around $55.75, down 3.50% on the day. The drop came as the US Dollar rebounded and US Treasury yields stabilized following a two-day decline triggered by softer-than-expected US inflation data.

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Silver price drops as US Dollar rebounds and yields stabilize, reducing precious metal appeal.

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