Silver price fell more than 5% today and is one of the most heavily sold commodities today. Yesterday, the price of silver at one point gained over 10% and reached the highest level in 7 years. Yesterday's gains were related to a rally of small retail investors from the Reddit group in the US who bought silver. The silver market, however, is definitely a larger market than a single listed company, so bigger moves need more capital.
Key short-term support for silver is located around 26.80. Source: xStation5
US Open: Nasdaq, gold and silver surge following... an interest rate hike (17.09.2026)
Chart of the day 🔼 Gold rebounds 1.3% despite hawkish Fed stance (17.09.2026)
📊Daily Summary - Hawkish Fed raises rates and signals more. Dollar gains while gold falls
Hawkish move from the Fed! Warsh takes no prisoners in the fight against inflation. US500 at its lowest since August 3, and gold already below $4,300.