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The Economic Times
The Economic Times
Business
Veer Sharma

Explained: Why silver prices have crashed 14% this week to hit a 7-month low

silver US Federal Reserve United States

It's been a brutal week for silver as the white metal has plunged as much as 14%, extending losses for a third straight session on Thursday, just a day after tumbling to a seven-month low.

Spot silver was down more than 2% at $56.35 on Thursday. A day earlier, it had slumped 9.1% to $56.41, its lowest level since November 2025, before recovering to close at $57.71.

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