| It hasn’t been a good day for precious metals. We already reported that gold is on its way to its fourth straight day of declines thanks to a strong U.S. dollar and falling demand for a safe haven. But silver has also taken a thumping, and earlier today fell to its lowest price in 14 months. That took silver-focused ETFs along for the ride.
Silver futures for December delivery dropped 1.5% to $18.65 an ounce after earlier falling to $18.57, the lowest price since June 28, 2013. Checking in on solver ETFs, the iShares Silver Trust (SLV) fell 1.9% to $17.90. The Proshares Ultra Silver (AGQ) fell 3.6% to $55.40, while the ProShares UltraShort Silver (ZSL) rose 3.8% $91.03...............................................Full Article: Source
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