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Actionable news in AGQ: PROSHARES ULTRA SILVER,

Silver plunges in yet another mysterious market 'flash crash'

Silver futures suddenly dropped Thursday evening before quickly bouncing back in another so-called "flash crash" that renewed fears that computer-driven trading has gone too far.

Around 7:05 p.m., ET, the contract for September delivery plunged 11 percent lower from $16.14 per troy ounce to $14.34, according to FactSet. Silver traded near $15.89 per troy ounce Friday morning.

Traders could not name a fundamental reason for the drop, but considered it another case of computer-driven trading that disrupted markets during a period when few were actively trading. Like most other flash crashes in recent months, the drop in silver occurred outside of New York business hours and in the early hours of Asian...


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