Silver Down for Third Month

Silver futures closed nearly unchanged on Tuesday, finishing their third consecutive month in losses and the biggest drop since June.

Silver futures lost 6.14% in August, as it closed at $23.960 per ounce.

Over the last three months, silver declined by about 14.41%, in the worst losing streak since November 2020.

Year-to-date, silver is down by $2.372 or 9.01%.