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Commodity Crash: Silver Plunges 15% As US-China Tensions Ease And Oil Hits $68
Written By: Naba ZehraUpdated: Thu, Feb 05, 2026, 06:06 PM IST
Global commodity markets faced a massive selloff on Thursday as diplomatic breakthroughs between the US, China, and Iran triggered a sharp retreat in safe-haven assets. Silver plummeted 15%, while gold, crude oil, and copper each dropped about 2% following a strengthening US dollar. With oil stabilizing at $68 amid Oman
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