Silver fell 1.32% on October 6, 2026, bringing the spot price to $61.02 per troy ounce. The decline snapped a modestly positive stretch over the past week, during which the metal had gained 0.32%.
Despite the near-term recovery, silver's broader trend has been softer. Over the trailing 30 days, the metal has shed 7.77%, reflecting sustained selling pressure across that window.
Silver, which trades in the commodities market under the ticker XAG, does not carry a reported market capitalization figure. Its price movements are tracked on a per-ounce basis and are influenced by industrial demand, currency dynamics, and broader risk sentiment.
The daily retreat leaves the metal navigating a period of conflicting signals, with short-term momentum turning negative even as the weekly reading remains slightly positive.
