Silver slides to near $51 on Fed tightening hopes and position cuts: Oct 30, 2026
Silver fell to fresh lows, trading near $51.00 and $52.34 after rejection at $55, marking its lowest levels since November and on the year according to FXStreet data. The decline came amid hopes of further Fed tightening and even with falling yields, with discussion of position-cutting and focus on silver futures at $51 and gold futures near $4000.
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The day on the wire
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Each tick is a headline first seen that day.
Headlines (12)
First seen on October 30
- Silver Price Forecast: XAG/USD slumps to fresh low since November, near $51.00FXStreet
- Gold Futures Near $4000 and Silver Futures at $51: Is a Short-Term Rebound?Investing.com
- Silver price today: Silver falls, according to FXStreet dataFXStreet
- Gold and Silver Fall Despite Falling Yields — Is Position-Cutting Driving the Sell-Off?ActionForex
Carried over from earlier days
- Silver Tests Key VC PMI Resistance After Rebound as Gold-Silver Ratio Hits 75Investing.com
- Silver price today: Silver falls, according to FXStreet dataFXStreet
- Silver Price Forecast: $55 Rejection puts $50 back in focusFXStreet
- Federal Reserve issues FOMC statementfederalreserve.gov
- Silver Price Forecast: XAG/USD slips below $53.50 amid Fed outlook uncertaintyFXStreet
- Silver price today: Silver falls, according to FXStreet dataFXStreet
- $52.34: Silver hits fresh yearly lows amid hopes of further Fed tighteningFXStreet
- How Gold and Silver Are Traded By Different Investor TypesInvesting.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Friday, October 30 | ||
| Employment Cost Index q/q | 0.8% | USD |
| Chicago PMI | 55.8 | USD |
| FOMC Member Daly Speaks | USD | |
| FOMC Member Musalem Speaks | USD | |
| Sunday, November 1 | ||
| Daylight Saving Time Shift | USD | |
| FOMC Financial Stability Report | USD | |
| Monday, November 2 | ||
| Final Manufacturing PMI | USD | |
| ISM Manufacturing PMI | USD | |