SLV is trading at $57.48, down 3.52% during the August 18, 2026 session, pressured by deteriorating industrial-demand sentiment after weaker-than-expected Chinese economic data.

  • China’s July industrial output grew 4.5%, below the 4.8% forecast; retail sales rose 0.6% versus 1.5% expectations.
  • Silver futures fell roughly 2% amid profit-taking after a powerful rally as investors reassess demand and prepare for potentially hawkish Federal Reserve signals.
  • Broader risk-off trading and elevated yields are adding pressure.