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HOME > MARKETS > COMMODITIES > SILVER > 2026-05-12
XAGUSDSilver (XAG/USD)
84.97
-0.60%
DATE: 2026-05-12MATERIAL CHANGE
Past
What happened
Silver dropped to $84.98 after failing to hold above $88, underperforming gold as the gold-silver ratio widened back above 55.
Why
Why it matters
Silver's industrial demand story is being overshadowed by macro headwinds — rising yields hurt the zero-yield metal more than gold, and China PMI softness weighs on the industrial component.
Watch
What to watch
Watch the $84 support — a break below opens $80; holding above $85 with a soft CPI print could reignite the push toward $90.
HEADLINES
2026-05-11ARCHIVEnewer →