Silver dropped 4.53% on Monday, bringing the spot price to $61.38 per troy ounce as selling pressure continued to weigh on the precious metal.
The single-session decline added to an already difficult stretch for the commodity. Over the past seven days, silver has shed 7.03%, while the 30-day loss now stands at 7.58%, reflecting a sustained downtrend through much of the period.
The back-to-back losses across the one-week and one-month windows indicate that Monday's move was not an isolated event but rather a continuation of broader weakness in the silver market.
No market capitalization figure is available for silver given its nature as a physical commodity traded on spot and futures markets rather than as a publicly listed security.
