Spot silver dropped below the $50-per-ounce mark, according to Gate data, extending its losses during the session. The metal was down more than 4% on the day and hit its lowest level since Nov. 24, 2025.
Gate data also showed that spot silver has fallen about 59% from its January high. On a monthly basis, silver has lost more than 17% in October so far. The move puts the metal below a closely watched round-number threshold while marking a fresh low on Gate’s quoted data series.
The update was published by Odaily as a market newsflash. No additional details were provided in the source beyond the price move, the intraday decline, the drawdown from the January peak, and the cumulative loss recorded for October.
Spot silver fell below the $50-an-ounce threshold, according to Gate data, with intraday losses exceeding 4%.
The move marked the metal’s lowest level since Nov. 24, 2025. Gate data showed spot silver is down about 59% from its January high, while its cumulative loss in October has exceeded 17%.
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