Silver stabilizes near $50

The most likely path is an orderly consolidation after the slide to $50.82, with physical buyers, industrial users, and some ETF dip-buying limiting further downside. The prior rally above $60 left positioning stretched, but the long-run demand story from solar panels and electronics still supports the market.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.