Silver is down by 7.12%
Silver decreased 7.12% to 49.479 USD/t.oz
Morpher AI identified a bearish signal. The commodity price may continue to fall based on the momentum of the negative news.
Silver is a precious metal known for its industrial and investment uses. It is often seen as a safe-haven asset during times of economic uncertainty.
XAG commodity is down 5.2% on Nov 14, 2025 13:41
Silver decreased 7.12% to 49.479 USD/t.oz
Silver climbed more than 1% to above $54 per ounce on Thursday, marching toward an all-time high reached last month and bringing this week’s gains to around 12%, as investors looked to hedge against global uncertainties with precious metals. Expectations of Federal Reserve rate cuts, following signs of a weakening US labor market, further supported the metal. Supply concerns also contributed, with India’s wedding season underway and fears of potential US tariffs on silver. Last week, the US Department of Interior added silver, copper, and metallurgical coal to its “critical minerals” list, highlighting their importance to the economy and national security. This designation provides the basis for potential Section 232 investigations and trade restrictions, as previously applied to copper earlier this year.
Silver prices rose about 1% to above $51 per ounce on Wednesday, the highest level in nearly three weeks, supported by growing expectations that the Federal Reserve will continue cutting interest rates this year. Optimism over an imminent end to the US government shutdown which would allow the release of fresh economic data, also reinforced those bets. Markets now price in roughly a 65% chance of a 25bps Fed rate cut in December, up from about 62% a day earlier. Meanwhile, supply pressures are expected to persist, with demand likely picking up amid the start of India’s wedding season and US tariffs on the white metal.
Silver slipped to around $51 per ounce on Wednesday, but stayed close to three-week highs as signs of US labor market weakness fueled expectations for a near-term Federal Reserve rate cut. ADP data showed US private employers shedding an average of 11,250 jobs per week in the four weeks ending October 25, painting a bleak picture amid the absence of official data. Markets now price in about a 68% chance of a 25 bps rate cut in December, up from roughly 62% a day earlier. Earlier this week, Fed Governor Stephen Miran also called for a larger half-point reduction amid falling inflation and rising unemployment. Meanwhile, optimism grew that the record-long government shutdown could end soon, with the Republican-controlled
Silver surged more than 5% to around $51 per ounce so far this week, supported by expectations of a near-term Federal Reserve rate cut amid signs of US economic weakness. US data last week pointed job losses in October, particularly in government and retail sectors, while consumer sentiment fell to a 3½-year low in early November. Traders are pricing in roughly a 64% chance of a 25-basis-point Fed cut in December, with Fed Governor Stephen Miran advocating a larger half-point reduction amid falling inflation and rising unemployment. Meanwhile, the US Senate passed a bill to reopen the federal government after a 40-day shutdown, potentially reducing safe-haven demand for precious metals. However, the bill still has to clear the US House of Representatives before being sent to President Donald Trump.
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