Silver falls more than 6% as precious metals retreat after rally

Group 1 - Silver experienced a significant decline of over 6%, marking its largest drop in six months, as the precious metals market retreated following a recent rally [1][2] - Easing concerns over credit quality in the US and trade tensions between the US and China have reduced haven demand for gold and silver [2][3] - A historic squeeze in the silver market in London is showing signs of alleviation, leading to profit-taking by investors [2][3] Group 2 - The retreat in precious metals prices coincided with a rebound in Treasury yields, influenced by reduced concerns regarding US regional banks and their lending activities [3] - As of the latest data, spot silver prices have decreased, alongside declines in spot gold, platinum, and palladium [4]