Spot silver fell more than 5%, approaching $73 at one point.

date
20/05/2026
On Tuesday, in the final trading session in New York, spot silver fell by 5.13%, closing at $73.7275 per ounce, continuing to decline overall, with a trading range of $78.8980-73.0977. COMEX silver futures dropped by 4.37%, closing at $74.060 per ounce. At 21:00 Beijing time, there was a wave of accelerated decline. On the daily chart, the New York silver futures tested the lower end of the upward channel since March 23, approaching the 200-day moving average, with the 50-day moving average falling below the 100-day moving average at the end of April. COMEX copper futures fell by 1.95%, closing at $6.1925 per pound, continuing to retreat from the peak of $6.7160 on May 13. Spot platinum fell by 3%, closing at $1924.42 per ounce; spot palladium fell by 4.12%, closing at $1363.01 per ounce.