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Silver Futures Surge Over 3% in Continued Rebound

The precious metal extends its upward momentum following a recent sharp selloff in futures markets.

Summary

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Terms & Concepts
  • Futures: Financial contracts obligating the buyer to purchase, or the seller to sell, an asset at a predetermined future date and price.
  • Selloff: A rapid selling of securities or commodities, often leading to a sharp decline in prices.