Silver Retreats from Record High as Speculators Bet on Tight Supplies
Silver fell 2.4% from record highs after a rally, as traders bet on tight supply and possible US rate cuts; gold also dipped slightly.
Silver retreated from its record high, with a major technical indicator signaling that a six-day rally had led the metal into overbought territory. The white metal fell by up to 2.4%, trading roughly two dollars below the historic peak reached in the previous session. Meanwhile, gold also saw a minor decline. Traders have been speculating on the continuation of tight supply conditions as well as expectations for another interest rate cut in the United States, both of which are positive drivers for non-yielding precious metals like silver and gold.
Sources & References
Bloomberg
Editorial Note
Edited & Reviewed by the Ecopulse Editorial Board 1/26/2026, 14:38:45 UTC
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