Arab Finance: Silver prices plummeted on Thursday, November 12, as the international ounce hit $51.31 for buying and $51.09 for selling.
In Egypt, the silver was priced at EGP 90.77 for purchase and EGP 87.86 for sale, according to Dahab Masr data at 1:22 PM.
The silver coin amounted to EGP 726.16 for buying and EGP 702.88 for selling.
Likewise, the global gold prices declined following higher-than-expected US inflation figures and controversial remarks from Federal Reserve officials.