Silver drops 4.8% to $64.21 in one of its sharpest single-session falls this year
As seen on the 24/7 Wall St. homepage on September 24, 2026.
Silver gave back 4.8% at the close to $64.21 an ounce, one of the sharper single-session drops in a metal that has been a one-way trade for much of this year. Anyone holding miners or a bullion ETF just saw the setup change.
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Silver settled at $64.21 an ounce on September 24, a 4.8% single-session drop that stands out even against a backdrop of elevated volatility in precious metals.
Silver had been holding a tight, elevated range for most of the prior stretch, and this session broke that pattern decisively. A move of that size in one day shifts the technical picture from strength to something investors need to reassess.
For anyone holding silver miners or a bullion ETF, the immediate question is whether this is a one-day shakeout or the beginning of a broader unwind. The metal had been one of the stronger commodity trades of the year going into this session, which means positions built on that trend are now sitting on reduced cushion.
The question now is whether silver can reclaim the mid-60s with any conviction. A failure to recover above the recent range floor would suggest sellers are in control, while a quick bounce back toward $66 would mark this session as noise.