Silver declined 3.01% over the past 24 hours, bringing its price to $55.83 per troy ounce as of October 22, 2026. The move added to an already difficult stretch for the precious metal, which has now shed 1.47% over the past seven days.
The broader 30-day picture shows a more pronounced deterioration, with silver losing 14.94% of its value over that period. The sustained pullback marks one of the more significant monthly drawdowns for the metal in recent memory.
No market capitalization figure is available for silver, as the commodity trades across physical and derivatives markets without a unified measure of outstanding supply value. Price action in the spot market remains the primary benchmark for tracking performance.
The combination of daily, weekly, and monthly losses points to consistent selling pressure across all three timeframes, with the steepest decline concentrated in the 30-day window.



