Silver fell in an early Tuesday reading from FXStreet, which put it at $52.51 per troy ounce, a decline from its Monday figure ahead of the London silver benchmark auction.
FXStreet recorded the price at about 4:30 a.m. ET (09:30:34 UTC) on Nov. 10. Its Monday, Nov. 9, reading was $53.35, making Tuesday’s quote 1.58% lower. The outlet gave no specific explanation for the decline.
An earlier Raiffeisenbank SILVER SPOT listing offered a different snapshot. At 12:37 a.m. ET (05:37:33 UTC), it showed $53.244, down $0.152, or 0.29%, from its listed previous close of $53.396. The readings came from separate providers at different times, so Raiffeisenbank’s price does not confirm FXStreet’s later $52.51 quote.
EconoTimes has previously compared silver price readings from different providers. In Tuesday’s updates, each reported decline was measured against that provider’s own earlier price.
The London Bullion Market Association (LBMA) says its daily silver benchmark auction starts at 7 a.m. ET (12:00 UTC). FXStreet’s quote came before that scheduled auction.
