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via financefeeds.comMarkets

Silver below $50 after an 18% October slide: week ahead has midterms Tuesday and jobs Friday

FROM THE WIRE · FINANCEFEEDS.COM

Silver prices enter the first week of November below $50 an ounce after COMEX December futures settled at $49.276 on Friday, October 30, down 5.93% for the

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishSilver's drop below $50 and the upcoming midterms and jobs data may increase volatility in the metal.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01COMEX December silver futures settled at $49.276 on Friday, October 30.
  2. 02The price fell 5.93% in Friday's session.
  3. 03The metal lost about 18% during October.
  4. 04The week includes midterm elections on Tuesday and jobs data on Friday.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
SilverCOMMODITY:SILVERCommodity49.28 USDMarket closedtoday -5.93%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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