| The price of silver has dropped to a four-year low falling 19.3 per cent in the third quarter of 2014. Value of the precious metal declined below the $17 (£10.40) mark for the first time since 2010 after it was impacted by expectation of higher US interest rates. This move helped to strengthen the US dollar and provided the biggest quarterly rise since the second quarter of 2013 for the price of silver.
The US dollar has been a key factor in the fluctuating price of silver with the currency's index (DXY) reaching a four-year high of 86.21 on Monday (September 29th). It represented 11 weeks of gains, the longest sustained rate of growth since 1971. The Federal Reserve is now expected to raise interest rates on the back of positive US economic data...............................................Full Article: Source
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