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USV - Silver Corrects - Civil Suits Must Wait For Criminal Outcomes
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Silver fell to below $17 per ounce on the nearby December futures contract last week. Silver rose to a high at $19.54 in early September after a delayed response to the June technical breakout in the gold market.
These days, one of the big stories in the precious metals market is the charges leveled on traders at some of the world's leading financial institutions that trade gold and silver. Since the end of the summer, three current and former traders from JP Morgan Chase received indictments for spoofing, conspiracy, and price manipulation charges. The arrests