Silver futures settled down 4.6% in New York at $54.764 a troy ounce, its lowest close since November 2025 and 52% below the record high of $115.08 reached in January. Oil prices are fueling inflation risks, putting downward pressure on precious metals. The decline marks a significant shift from the record levels seen earlier this year, as traders reassess the impact of macroeconomic headwinds on industrial demand.
Source: Wall Street Journal Markets · Summarized by HeadlinesBriefing