Selling pressure intensifies in precious metals
Global markets saw declines in silver and platinum prices alongside gold.
On Friday, November 13, 2026, U.S. silver futures fell 1.88% to close at $49.03 per ounce, bringing their weekly loss to 5.35%. Silver recorded its lowest closing level in 52 weeks. In the spot market, platinum ended the week at approximately $1,497 per ounce, while palladium traded around $1,013. A stronger U.S. dollar and rising U.S. Treasury yields contributed to the weakness across precious metals.
Persistently high inflation in the United States reinforced expectations that the Federal Reserve (Fed) could tighten monetary policy further. Elevated interest rates weighed on investment demand for precious metals, while uncertainty surrounding global economic growth remained an important factor for industrial metals such as silver and platinum. Investors will closely monitor upcoming U.S. economic data, the U.S. Dollar Index, and statements from Fed officials in the coming week.