Silver Slides Below $100 as Precious Metals Markets Pull Back

Silver Slides Below $100 as Precious Metals Markets Pull Back

Global commodities markets saw a dramatic reversal on January 30, 2026 , as key precious metals — silver, gold, and copper — experienced sharp declines after recent record-setting rallies. Traders and investors responded to shifting market sentiment, profit-taking, and renewed strength in the U.S. dollar, sending prices lower across the metals complex.  Silver Drops Back After Recent Highs Silver prices, which recently hit historic highs above $120 per ounce , fell back sharply on Friday — slipping below the $100 mark , retracing a significant portion of last week’s gains. According to market reports, the most actively traded silver futures were recently priced around $99.13 per troy ounce , marking a notable drop from late Thursday.  This pullback represents one of the more dramatic single-session moves for silver in recent memory and reflects a wider selloff in the metals sector as investors booked profits after the intense rally seen earlier in January.  Gold and Copper Also Retreat Gold, a…