Silver breaks below $50; platinum faces a projected surplus
APMEX’s October 30 recap reports silver below $50 an ounce and platinum below $1,430, their lowest levels since November and September 2025 respectively. It links pressure on silver to expectations of further Fed tightening, while platinum also faces investment outflows and weaker demand. The report cites a World Platinum Investment Council forecast of a 265,000-ounce surplus for 2026.
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APMEX’s October 30 recap reports silver below $50 an ounce and platinum below $1,430, their lowest levels since November and September 2025 respectively. It links pressure on silver to expectations of further Fed tightening, while platinum also faces investment outflows and weaker demand. The report cites a World Platinum Investment Council forecast of a 265,000-ounce surplus for 2026.
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