Silver Pares Losses

2026-02-10 14:35 By Felipe Alarcon 1 min. read

Silver pared earlier losses to trade about 1% lower near $82.5 per ounce on Tuesday, snapping a two day advance as profit taking resurfaced and volatility lingered after the historic late January liquidation.

Prices found support after weaker US data shifted expectations toward easier monetary policy, with December retail sales unexpectedly stalling and the GDP control group falling 0.1%, reinforcing signs of slowing demand and easing inflation pressure.

The softer consumption backdrop has lowered rate expectations and improved the near term policy outlook for non yielding metals, even as silver remains roughly 30% below its late January peak following a selloff that briefly erased nearly half its value.

US Treasury Secretary Scott Bessent reiterated that recent extreme swings were driven by speculative activity, particularly from Chinese traders.

Attention now turns to delayed US jobs and inflation data later this week for further guidance on the Federal Reserve’s rate path.



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