Silver Price Today: $52.52 Monday, One Day Before CPI, Bull…
By Tobi Opeyemi Amure
AI summary of the source article
Spot silver traded around $52.52 an ounce on Monday, supported by softer oil prices and a weaker dollar ahead of the US CPI report. CME FedWatch data indicated an 81 percent probability of a December interest rate hike.
Why it matters
Tim Waterer of KCM Trade stated that any hot CPI readings "would likely firm the dollar and lift the odds of a December rate hike."
Key facts
- Spot silver traded near $52.52 an ounce on Monday, rising 1.12 percent after reaching an earlier high of $53.31.
- CME FedWatch showed the probability of a December Fed rate hike rose to 81 percent from 71 percent.
- US nonfarm payrolls added 165,000 jobs in October, exceeding the expected 65,000.
Source excerpt · FinanceFeeds
Updated 9 November 2026, 07:00 GMT. Spot silver is trading near $52.52 an ounce on Monday, up about 58 cents or 1.12 percent on the day (FXEmpire, 06:45 GMT), after reaching $53.15 earlier in Asian trading (Reuters). December futures are near $52.53 (Yahoo Finance, 06:40 GMT). Lower oil prices have eased inflation concerns one day before the US CPI report. Verdict: silver has held Friday's gains,…