Silver (XAGUSD) Tumbles 5% to $73.78 on Weakening Precious Metal Demand
Silver prices fell sharply, declining 5% to $73.784 per troy ounce, signaling weakening precious metal demand and potential broader market risk-off sentiment.
Market context
Follow the story. See which markets it affects. Explore the context.
Silver prices fell sharply, declining 5% to $73.784 per troy ounce, signaling weakening precious metal demand and potential broader market risk-off sentiment.
Gold plummeted 2.37% to $4483/oz, hitting lowest levels since March 2026. Despite 41.7% yearly gains, recent 4-week decline of 5.2% signals weakening momentum.
Gold prices fell 2.36% to $4,559 per troy ounce, declining $141 from the previous $4,700 level, signaling weakening precious metal demand.
Silver futures experienced a sharp 4.44% decline with May 2026 COMEX contracts showing delivery intent notices. Nine contracts were issued across major financial firms including JPMorgan, BNP Paribas…