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News Link • Gold and Silver

Silver deepens dive to 5-week low, gold slips

• Reuters

Silver tumbled to a 5-week low on Thursday, on track for its biggest weekly slide since 1983, caught up in a broader commodities sell-off and gold fell to its lowest in more than a week.

Spot silver fell more than 5 percent to $37.32 an ounce, down about 20 percent so far this week. It was bid at $37.70 an ounce at 1310 GMT from $39.34 on Wednesday.

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