Commodities

Silver Edges Up 0.14% on the Day but Extends Weekly Slide

Silver posted a modest 24-hour gain on October 2, 2026, though the metal remains under pressure over the past week and month.

By Love Wallet · October 2, 2026

Silver Edges Up 0.14% on the Day but Extends Weekly Slide
Price
$61.06
24h
+0.14%
1 week
-6.18%
1 month
-4.07%

Silver (XAG) edged higher by 0.14% in the latest 24-hour session, bringing the spot price to $61.06 as of October 2, 2026. The marginal daily gain offered little relief following a stretch of sustained selling pressure across both shorter and longer timeframes.

Over the past seven days, silver has declined 6.18%, marking a notable pullback from recent levels. The 30-day performance tells a similar story, with the metal down 4.07% over that period, reflecting a broader trend of weakness in the commodity.

The daily uptick represents a small stabilization after the multi-week retreat, though the overall trajectory for the metal has been negative across both the weekly and monthly windows. No market capitalization figure is available for silver, consistent with its status as a physical commodity rather than a publicly traded security.

Silver's price action over the measured periods underscores the divergence between short-term fluctuations and the prevailing medium-term direction, with the 7-day and 30-day losses significantly outweighing the marginal 24-hour recovery.

Market data is provided for informational purposes only and may be delayed. Nothing in this article is financial advice.

Track Silver and your whole portfolio with Love Wallet.

Get started free