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Silver Price Declines Significantly, Reversing Recent Gains

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Silver Plummets 17%, Reversing Recovery

Silver experienced a significant decline, reversing its two-day recovery. The metal's spot price saw a sharp drop during the Asian trading session.

The spot price of silver decreased by as much as 17%, reaching approximately $73 per ounce.

This movement follows a previous record-breaking rally. From its all-time high last week, the metal has now decreased by over a third.