Americas Silver is trading 8.5% down now at $3.32 as silver pulls back sharply. - Kitco reported spot silver down 3.57% in early U.S. trading, as higher oil prices and inflation concerns reinforced expectations for tighter Federal Reserve policy. - This points to sector and macro pressure rather than a confirmed company-specific catalyst. Americas Silver announced record third-quarter silver production and sales earlier this week, not a negative update.