Silver was within a dollar of falling back to its price from a year earlier, leaving its 12-month increase close to zero as of Oct. 31.
A further slide of under $1 would wipe out the rise accumulated over that period.
Economy
Silver’s year-over-year gain had narrowed to less than $1.

Silver was within a dollar of falling back to its price from a year earlier, leaving its 12-month increase close to zero as of Oct. 31.
A further slide of under $1 would wipe out the rise accumulated over that period.
HSBC’s reported 2026 deficit estimate is five million ounces, far below the Silver Institute’s 46.3 million-ounce forecast.
Kitco recorded a $50.57 session low, while FXStreet cited $50.69 and called it an 11-month low.
The Federal Reserve held its target range at 3.75% to 4.00%, while silver price readings varied across providers.