Silver

Silver fell by 0.63% on Friday October 24, trading at $48.614 per troy ounce with a weekly loss of 7.1% and monthly gain of 10.71%. Silver prices dropped due to profit-taking after reaching record highs. A stronger U.S. dollar made silver more expensive for international buyers, further pressuring prices. Uncertainty about potential Federal Reserve interest rate cut delays reduced silver's appeal as a safe-haven asset. A slight slowdown in industrial demand, especially in electronics and solar energy sectors, also contributed to downward price pressure on silver. Its 52-week high was $54.468 per troy ounce, while its 52-week low was $28.339 per troy ounce.

5 Days 1 Month 3 Months 6 Months YTD 1 Year 3 Years 5 Years 10 Years
-7.10% 10.71% 24.49% 44.62% 68.34% 44.40% 119.03% 115.06% 245.15%