Silver Slides 6 Percent After Elon Musk’s Remarks on Chinese Export Restrictions

Silver rally—fueled by Fed rate cut expectations and Chinese export restrictions—takes a breather.
Silver Slides 6 Percent After Elon Musk’s Remarks on Chinese Export Restrictions
Gold and silver bars are stacked at the Pro Aurum gold house in Munich, Germany. Reuters/Angelika Warmuth/File Photo
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Silver prices fell 6 percent to start the holidayshortened trading week, days after industrialist Elon Musk weighed in on China’s planned export restrictions for 2026.
Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."