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Here’s why silver has been underperforming

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Silver prices have fallen 13.5% so far this year owing to the coronavirus-induced crisis. Notably, silver like gold is considered a safe-haven asset in times of uncertainty. However, silver has significantly declined this year underperforming gold that touched a peak of $1,700 an ounce for the first time in seven years and yielded a year-to-date return of 9.6%.
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