Silver fell to $55.56 an ounce, its lowest level since November 2025, as rising US interest rates kept pressure on the metal. The move extends a sell-off that has run for the past two months, and FXEmpire flags a possible death cross forming on the daily chart.
Silver dropped to $55.56 an ounce, its weakest price since November 2025. The metal has lost 18.11% over the past four weeks, though it still sits 45.73% higher across the last 12 months.
Climbing US interest rates sit behind the decline. FXEmpire notes that silver remains sensitive to rates and the US dollar, and higher rates have often weighed on the metal. As American rates keep rising, the market is trying to break to a fresh new low, extending the negativity of the past couple of months.
On the daily chart, silver trades at the bottom of its consolidation range, with the 50-day EMA edging toward a cross below the 200-day EMA. That pattern, known as a death cross, is a longer-term negative technical signal that could attract selling.
A rally could draw price toward the $60 level, a round figure the metal has sliced through several times before. Volatility remains a major issue, and a breakdown from here would simply continue the recent trend rather than mark a new one.
Sources: TradingView (snippet-based), FXEmpire
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