TELETRADER News
5/20, 4:18 PM (Source: TeleTrader)
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Silver down 1% as risk appetite grows

The price of silver decreased on Friday as investors seemingly managed to brush off some of the inflation concerns and step away from safe-have assets for the time being.

Growth assets, such as stocks in the United States, saw a partial rebound but still remained on course to record losses on a weekly level.

Silver lost 0.93%, going for $21.73 an ounce at 10:15 am ET, while gold slipped 0.41% a minute later, going for $1,834.17. per ounce. Platinum and palladium dropped 0.56% and 1.10% at 10:17 am ET, selling for $959.12 and $1,982.75 per ounce, respectively.

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