Spot silver prices plunge nearly nine percent to slip below sixty-five dollars

Silver prices fell nearly nine percent on Friday to trade below sixty-five dollars per ounce. This follows a record high of over one hundred dollars last week.

Spot silver (SY:SPOT_SILVER) fell 8.9 percent to $64.88 per ounce on February 6, 2026, slipping below the $65-an-ounce mark. This sharp near-9 percent intraday decline follows a record high of $121.64 reached last week, marking a rapid reversal in price levels. This market-driven development materially alters recent price levels in the silver market and affects valuations across the commodities sector (SY:COMMODITIES_SECTOR).
Silver bars are pictured in Silver Bullion's vault in Singapore on June 18, 2019. REUTERS/Edgar Su/File Photo
Silver bars are pictured in Silver Bullion's vault in Singapore on June 18, 2019. REUTERS/Edgar Su/File Photo
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