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Mighty Dollar and Trade Fears Drag Silver Down to Two-Year Low

  • The precious metal is down 17 percent this year as funds exit
  • Investors skeptical about demand as trade disputes intensify
Copper, Gold And Silver Bullion Manufacture At KGHM Polska Miedz SA Smelting Plant

Photographer: Bartek Sadowski/Bloomberg

Updated on

Silver is being hit on all sides.

Gold’s cheaper cousin tumbled Tuesday to the lowest since January 2016 as investors bypassed precious metals in their hunt for a haven amid a selloff in emerging markets. Silver’s industrial demand prospects also are dimming as the U.S. trade disputes with China, Mexico, Canada and other global powers drag on, fueling growth concerns.