Why silver prices cratered on a reported Russian proposal to re-dollarize

Core Viewpoint - An unconfirmed package of proposals from Russia has been reported, offering the U.S. an economic partnership in energy and natural resources projects, along with a commitment towards the dollar system [1] Group 1 - Russia is proposing an economic partnership with the U.S. focused on energy and natural resources projects [1] - The proposals include a commitment to the dollar system, indicating a potential alignment in economic interests [1]