Silver Breaches $50/oz Support, Erasing Year of Gains

Silver prices have fallen below the $50 per troy ounce threshold, returning to levels last seen nearly a year ago when the metal had doubled in two and a half months. The move signals a sharp reversal of the previous rally, likely driven by shifting macro conditions or profit-taking, though the specific catalyst is not stated. This breakdown could trigger further technical selling and impact mining equities and industrial demand outlook.

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