🔴 Unico Silver is trading 5% down as silver prices fell sharply

Unico Silver is trading at A$0.56, down 5.13%, as silver prices fell sharply.

• Silver was down 5.90% on October 22, and the share-price decline is consistent with pressure on silver-focused miners.
• Market coverage linked silver’s weakness to rising oil prices, inflation concerns and expectations of interest rates staying higher for longer. Search results showed no new company announcement explaining the move.
• The Australian market was closed on October 25, so October 23 is the latest session shown.