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Spot Silver Falls Below $84 per Ounce, Down More Than 4% in a Day

According to Gate, spot silver slid from an intraday level of $85.75 per ounce to below $84, extending its daily decline to more than 4% in the precious metals market.

GT

Fact Check
The claim is directly and precisely corroborated by two sequential Odaily newsflash articles both citing Gate as their data source. The article at 481403 (published 2026-05-14T13:20:44Z) establishes the intraday level of $85.75/oz with a 2.00% decline, and the article at 481418 (published 2026-05-14T14:03:45Z, approximately 43 minutes later) confirms the price broke below $84/oz with the daily decline exceeding 4%. This matches the claim's specific figures ($85.75 intraday level, below $84, more than 4% daily decline) exactly. The broader precious metals selloff context (gold also falling sharply per 481646) is consistent. The only minor uncertainty is that Odaily is a secondary aggregator relaying Gate market data rather than Gate's own primary feed, but the two sequential articles with consistent and escalating price data are strong corroboration.
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Summary

According to Gate, spot silver declined sharply during the trading day, first reported down 2.00% at $85.75 per ounce and later falling below $84 per ounce with losses exceeding 4% on the day. The newer report indicates the selloff deepened as the session progressed, marking a notable same-day move in the spot silver market.

Terms & Concepts
  • Spot price: The current market price for an asset available for immediate purchase or settlement.
  • Intraday: A price move or trading activity that occurs within a single trading day.
  • Per ounce: A standard unit of weight used in precious metals markets to quote prices for assets such as silver and gold.