Today's Silver Price - Live Silver Rates in USD | Gold & Silver Blog

Silver finished at $60.21 per ounce, down $0.46 on the day (-0.76%). That leaves it lower by $0.85 for the week (-1.39%) and down 14.54% year to date. The slip came during the New York session after Comex settlement, with silver shading gold’s decline of -0.62% and therefore underperforming a touch as the two moved in tandem.

The main drag was a firmer US dollar. Reuters reported the dollar trading near an 18‑month high on Monday, a backdrop that typically pressures dollar‑priced metals by raising the cost for non‑US buyers. Gold eased alongside that FX move, and silver followed, magnifying the pullback as it usually does when the driver is macro rather than metal‑specific. (kitco.com)

Market conditions in New York were also thin. The US Treasury market was closed for the Columbus Day holiday, reducing the usual rates‑and‑FX cross‑currents that can stabilise intraday moves. In that lighter liquidity, bullion’s dip earlier in the day set the tone for silver into the afternoon. (kitco.com)

Next up, Asia opens with attention already fixed on US inflation later this week. Reuters’ diary flags the US Consumer Price Index on Wednesday 14 October, followed by Producer Prices and retail sales on Thursday 15 October. With those prints likely to reset expectations for the Fed’s late‑October meeting, traders have been reluctant to press trends. Today’s story looks more like positioning around the dollar in a quiet session than a fresh read on silver’s fundamentals; the real test comes when the US rates market is back to full strength on Tuesday and the CPI lands on Wednesday. (wealthinsights.metrobank.com.ph)

The gold‑silver ratio sits at 69.2. That is little changed on the day and fits the pattern: Monday’s move was about the dollar and gold, with silver tagging along rather than reacting to anything in its own industrial supply or demand.