Silver price falls to $50.91 as gold‑silver ratio rises
ITF Team1 min read
Silver slipped 2.42% to $50.91 per ounce on Friday, pushing the gold‑silver ratio above 78 for the first time this week.
Silver (XAG/USD) dropped sharply on Friday, closing at $50.91 an ounce, a 2.42% decline from Thursday’s $52.17. The slide marks a 28.38% fall since the start of 2026 and lifted the gold‑silver ratio to 78.54, up from 77.08 the day before.
Factors behind the dip
- A stronger US dollar kept the dollar‑priced metal under pressure; silver typically moves opposite to the greenback.
- Lower inflation expectations and the prospect of further Fed rate hikes reduced safe‑haven demand for silver relative to gold.
- Industrial demand signals remain mixed, with electronics and solar sectors showing no clear catalyst to support prices.
Market context
- Gold slipped to year‑to‑date lows, reinforcing the widening gap between the two precious metals.
- The Australian dollar rose toward 0.7035 after hotter CPI data, while the yen retreated below 157 as the BoJ left policy unchanged.
- Overall risk‑off sentiment persisted, limiting upside for yield‑less assets like silver.
What traders are watching
- Key support for silver around $49.50 and resistance near $52.00 could define short‑term direction.
- Further moves in the USD index and upcoming US CPI releases may sway the metal’s trajectory.
- The gold‑silver ratio, now above 78, will be monitored for signs of relative valuation between the two metals.
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- Silver downtrend persists as Fed hike risk lingers
- Gold and silver price outlook as split Fed decision keeps December hike alive
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This article is compiled from international market news for information only. It is not investment advice.