Silver followed gold’s decline this week, after climbing 37% in the first half of the year. The price of silver opened around $18.80 per ounce on Monday, and then was brought down throughout the week following a plethora of positive U.S. economic reports.

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While gold fell around 3% on Tuesday, silver took a greater nosedive to lose 5%, to land below $18 per ounce, reaching levels not seen since 2013. The week continued as investors wondered where the bottom might be. This week featured the largest one- and two-day sell-offs since January 2015.

The dollar was the driving force behind this week’s silver price decline. The greenback exhibited strength after the positive economic reports, and investors adopted a more risk-on attitude in the marketplace.

By Thursday, silver prices kept above the key support level of $17.12 per ounce, around the 200-day moving average that could determine whether prices would drop to $16 per ounce or lift upwards. The worse-than-expected jobs report released Friday sparked silver briefly back above $17.50 per ounce before closing the week just slightly below that.