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US Silver market continues to slump

Friday Sep 8, brought about a notable dip in the silver market, leaving traders in a state of uncertainty as they endeavor to discern the market’s direction. Currently, silver is skirting perilously close to the lower boundary of a range that it has occupied for an extended period.

At $22.50, there exists a significant support level, and the possibility of descending to that mark cannot be discounted. Evidently, silver required a respite, but it appears hesitant to initiate a substantial move at this juncture.

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