Front Month Comex Silver for January delivery lost 30.30 cents per troy ounce, or 1.27% to $23.527 this week
--Down for two consecutive weeks
--Down 70.40 cents or 2.91% over the last two weeks
--Down three of the past four weeks
--Today it is down 40.30 cents or 1.68%
--Largest one day dollar and percentage decline since Wednesday, Jan. 18, 2023
--Snaps a three session winning streak
--Today's settlement value is the fifth lowest this year
--Off 12.50% from its 52-week high of $26.888 hit Tuesday, March 8, 2022
--Up 34.05% from its 52-week low of $17.551 hit Thursday, Sept. 1, 2022
--Rose 5.49% from 52 weeks ago
--Off 2.91% from its 2023 settlement high of $24.231 hit Friday, Jan. 13, 2023
--Up 1.16% from its 2023 settlement low of $23.258 hit Thursday, Jan. 5, 2023
--Off 51.69% from its record high of $48.70 hit Thursday, Jan. 17, 1980
--Month-to-date it is down 1.40%
--Year-to-date it is down 33.50 cents or 1.40%
All prices are calculated based on the settlement price of the current front month contract.
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
01-27-23 1353ET