Commodities

Silver Holds Near $49.12 but Posts Sharp Losses Over Past Month

Silver edged fractionally lower on Monday but remains deep in negative territory over the past 30 days.

By Love Wallet · November 1, 2026

Silver Holds Near $49.12 but Posts Sharp Losses Over Past Month
Price
$49.12
24h
-0.02%
1 week
-8.87%
1 month
-19.53%

Silver (XAG) was priced at $49.12 on November 1, 2026, slipping just 0.02% over the prior 24-hour period. The move represented a near-flat session, offering little directional signal on its own.

Zooming out, however, the picture is considerably weaker. Over the past seven days, silver has declined 8.87%, and over the past 30 days the metal has shed 19.53%, reflecting sustained selling pressure across the broader timeframe.

The 30-day loss of nearly one-fifth of the metal's value marks a significant drawdown, underscoring how much ground silver has given up in recent weeks. The daily stability has done little to offset the magnitude of the longer-term decline.

Market capitalization data for silver was not available. The commodity continues to be watched as a key indicator of broader metals market sentiment given its dual role in industrial applications and as a store of value.

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

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