Silver prices dropped below $50 on Friday, extending a monthly slide to 18% as bearish momentum accelerates for the white metal.
Silver is experiencing significant downward pressure, dropping over 5% in a single session to breach the $50 support level. This move marks the metal's lowest valuation since November 2025 and confirms a broader bearish trend, with an 18% monthly loss that mirrors the volatility seen in June.
Silver is down over 5% on the day and is on track for an 18% decline for the month of October.
The 18% monthly decline is the steepest since June, when the metal fell by 22%.
Silver prices tumbled over 5% on Friday, breaching the $50 support level to hit a fresh low not seen since November 2025. The precious metal is currently on track for an 18% monthly loss, marking its most significant drawdown since the 22% decline recorded in June.
Silver is experiencing significant bearish momentum, resulting in a 5% single-day drop and an 18% monthly decline, pushing the metal to its lowest point since November 2025.