Silver price drops by over 10%

Silver prices during trading on the COMEX, a division of the New York Mercantile Exchange, went down 10.43 percent to $26.35 per troy ounce, Report informs, referring to TASS.

On February 2, the price of silver rose above $30 per troy ounce for the first time since February 2013.

By 22:33 (GMT +4) on February 2, the silver price was $26.51 per troy ounce (-9.89 percent).