Silver Lost Half Its Peak Value - Yet Supply Deficit Is Expected
4 Articles
4 Articles
The price of silver, which hit a record high of $121 per ounce in January, has fallen by approximately 50 percent, dropping to $58.50, due to high bond yields, a strong dollar, and concerns about industrial demand.
The price of silver, which tested a record high of $121 per ounce in January, fell to $58.50 on October 14th. High bond yields, a strong dollar, and concerns about industrial demand were key factors in this nearly 50% drop. So, what were the reasons that triggered the decline in silver prices?
Silver, which tested a record high of $121 in January, fell to $58.5 in trading on October 14. The decline from its peak was a significant drop of approximately 50 percent. Recently high global bond yields, along with concerns about a potential slowdown in AI investment and demand, are prominent factors putting pressure on the gray metal, which also has industrial implications.
Silver Lost Half Its Peak Value - Yet Supply Deficit Is Expected
Silver closed at $60.25 an ounce on October 12, down 50.5% from its January 29 record of $121.60. Yet the Silver Institute still expects a sixth consecutive annual deficit in 2026. The catch? Supply shortfalls do not guarantee higher prices. Key Takeaways Silver has lost approximately 50.5% from its January record. The projected 2026 deficit […]
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