News report 🏭 Commodities 🌍 GLOBAL

Silver price slips 1.58% to $52.51 per troy ounce on November 10

Silver prices fell 1.58% to $52.51 per troy ounce on Tuesday, while the Gold/Silver ratio climbed to 77.92 from 77.63 on Monday.

🕐 1 min read

1 assets impacted (Commodities). Net bias: 0 Bullish, 1 Bearish, 0 Neutral. Strongest signal: XAG ↓ 2/10 (80% confidence).

📊 Affected Assets (1)

XAG
Bearish 🤖 80%
⚡ Intraday 🌍 GLOBAL · Explicit

Silver is trading at $52.51 per troy ounce on Tuesday, down 1.58% from $53.35 on Monday, and the Gold/Silver ratio rose to 77.92 from 77.63, confirming Silver underperformed Gold. The move is a modest one-day decline with no stated cause, so the directional effect is mildly negative but small in scale.

Catalysts
  • ▼ 1.58% daily decline to $52.51 per troy ounce on November 10
Risk Factors
  • ▲ No underlying driver for the drop is given, so the move may reverse

🧭 Full analysis of these assets

🎯 Key Takeaways

  • Silver price dropped 1.58% to $52.51 per troy ounce on November 10.
  • The Gold/Silver ratio increased to 77.92 on Tuesday from 77.63 on Monday.
  • Silver has recorded a 26.13% price decrease since the start of the year.

📝 Executive Summary

Silver prices declined on Tuesday, trading at $52.51 per troy ounce. This represents a 1.58% decrease from Monday's closing price of $53.35. Year-to-date, the precious metal has seen a total decline of 26.13%.

❓ FAQ

How much has Silver fallen today?

Silver trades at $52.51 per troy ounce, down 1.58% from $53.35 on Monday.

How has Silver performed this year?

Silver prices have decreased by 26.13% since the beginning of the year.