1 min read

Spot Silver Drops 4% to $61.73 as Precious Metals Retreat

The intraday decline puts silver’s latest quoted price at $61.73 per ounce on Sept. 28.

Stacked silver bars beside a weighing scale on a metal counter / TokenPost.ai
Stacked silver bars beside a weighing scale on a metal counter / TokenPost.ai

Spot silver fell 4% intraday on Sept. 28 to $61.73 per ounce, marking a sharp move in precious metals watched by investors across broader markets and crypto.

The decline brought silver’s latest quoted price to $61.73 per ounce. The 4% figure reflects the metal’s move during the trading day, rather than a longer-term performance measure.

Silver is not a crypto asset, but large moves in traditional markets can draw attention from traders monitoring risk sentiment across asset classes. The update did not provide a reason for the decline or details on how long the move may last.

Loading…