Silver price today: SLV slides as CME margin hike and China export rules shake silver stocks
NEW YORK, January 1, 2026, 12:49 ET — Market closed Spot silver fell sharply on Thursday, with prices at $72.29 an ounce as of 12:41 p.m. ET, down 6.02% on the day, according to JM Bullion data. U.S. stock markets were shut for the New Year’s Day holiday. JM Bullion The move matters because silver’s late-December surge pulled in leveraged money, leaving prices vulnerable to forced selling when exchanges lift collateral requirements. China’s tighter export controls have also put the supply side back in focus just as 2026 trading gets underway. CME Group Silver straddles two worlds: investors trade it