Silver Is Down 27% From Its High, and Here's Why It Can Still Go Lower

At the start of the year, there was plenty of excitement around silver. The precious metal was soaring and reaching record highs along the way. However, it has declined from the highs it reached in January. While it's still up around $89 per ounce, it's down about 27% from its peak, back when it was up over $121. The iShares Silver Trust (NYSEMKT: SLV), which tracks the price of silver, is up an impressive 25% thus far in 2026, far better than the S&P 500, which is down about 1%. Whether it continues to be such a stellar, market-beating investment, however, will inevitably depend on the price of silver. And the problem is that it could decline as the year goes on.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool