Front Month Comex Silver for July delivery lost $1.5280 per troy ounce, or 7.23% to $19.597 this week
--Largest one week net and percentage decline since the week ending Jan. 28, 2022
--Down for three consecutive weeks
--Down $2.316 or 10.57% over the last three weeks
--Largest three week net and percentage decline since the week ending May 13, 2022
--Down four of the past five weeks
--Today it is down 68.50 cents or 3.38%
--Largest one day dollar and percentage decline since Thursday, May 12, 2022
--Down for four consecutive sessions
--Down $1.562 or 7.38% over the last four sessions
--Largest four day dollar decline since Thursday, May 12, 2022
--Largest four day percentage decline since Tuesday, Aug. 10, 2021
--Longest losing streak since Monday, May 2, 2022 when the market fell for 10 straight sessions
--Down six of the past eight sessions
--A new 52-week low
--Lowest settlement value since Thursday, July 16, 2020
--Off 27.12% from its 52-week high of $26.888 hit Tuesday, March 8, 2022
--Down 26.00% from 52 weeks ago
--Off 27.12% from its 2022 settlement high of $26.888 hit Tuesday, March 8, 2022
--Off 59.76% from its record high of $48.70 hit Thursday, Jan. 17, 1980
--Year-to-date it is down $3.731 or 15.99%
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
07-01-22 1404ET