IBOV 174,379.77 ▼ 1.33% IPSA 11,017.94 ▲ 0.93% IPC MEX 66,247.47 ▼ 1.56% MERVAL 3,306,661 ▼ 0.39% COLCAP 2,290.71 ▲ 0.33% BVL PERÚ 58,287.01 — — USD/BRL5.07▼ 0.28% USD/MXN17.47▼ 0.29% USD/CLP947.02▲ 0.12% USD/COP3,215▼ 0.02% USD/PEN3.40▲ 0.11% USD/ARS1,496▲ 0.47% USD/UYU40.14▲ 1.38% USD/PYG6,022▲ 1.26% USD/BOB11.18▲ 4.51% USD/DOP57.96▼ 0.33% USD/CRC449.17▲ 1.76% USD/GTQ7.63▲ 2.33% USD/HNL26.75▲ 0.82% USD/NIO36.62▲ 0.26% USD/VES740.37▲ 0.46% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.29▲ 0.11% USD/TTD6.71▲ 0.92% EUR/BRL5.76▼ 0.24% BRENT 96.24 ▼ 4.42% WTI 88.76 ▼ 3.72% IRON ORE 161.91 — — COPPER 6.35 ▲ 0.72% GOLD 4,064 ▲ 0.43% SILVER 58.84 ▲ 1.79% SOY 1,253 ▲ 1.25% CORN 487.25 ▲ 5.01% WHEAT 678.25 ▼ 2.59% COFFEE 314.20 ▲ 1.55% SUGAR 14.76 ▲ 0.48% ORANGE JUICE 142.65 ▼ 2.83% COTTON 80.00 ▲ 0.20% COCOA 5,331 ▲ 0.57% BEEF 222.58 ▼ 1.25% CATTLE 342.05 ▼ 0.50% LITHIUM 68.14 ▼ 1.27% PETR4 42.23 ▼ 1.68% VALE3 75.32 ▼ 0.48% ITUB4 42.15 ▼ 0.96% BBDC4 18.53 ▼ 1.02% ABEV3 15.68 ▼ 1.51% BBAS3 20.44 ▼ 2.34% B3SA3 15.60 ▼ 0.32% WEGE3 45.42 ▼ 0.55% PRIO3 58.77 ▼ 2.92% SUZB3 41.91 ▼ 1.23% RENT3 36.81 ▼ 0.89% AZZA3 16.72 ▼ 1.94% CSAN3 3.81 ▼ 2.31% RAIZ4 0.27 — 0.00% PCAR3 2.76 ▼ 3.83% GMAT3 3.80 ▼ 1.81% PSSA3 54.99 ▼ 0.34% CVCB3 1.34 ▲ 2.29% POSI3 3.55 ▼ 3.27% SLCE3 13.73 ▼ 0.29% NATU3 8.42 ▼ 1.64% BRKM5 6.11 ▼ 0.97% RANI3 7.94 ▲ 0.13% CSNA3 5.38 ▲ 1.51% CMIN3 5.74 ▼ 1.54% USIM5 8.59 ▲ 1.18% GGBR4 24.28 ▲ 0.91% ENEV3 24.96 ▼ 2.88% CPFE3 45.21 ▼ 2.19% CMIG4 11.04 ▼ 1.34% EQTL3 38.35 ▼ 1.72% LREN3 13.20 ▼ 1.27% VIVT3 35.39 ▲ 1.99% RAIL3 13.53 ▼ 3.08% KLABIN 17.51 ▼ 0.85% RAIA DROGASIL 17.87 ▼ 1.76% RDOR3 33.22 ▼ 1.34% HAPV3 9.98 ▼ 4.68% FLRY3 16.31 ▼ 1.63% SMTO3 15.26 ▼ 2.86% UGPA3 32.74 ▼ 1.95% VBBR3 35.21 ▼ 1.10% BBSE3 41.61 ▼ 1.86% BPAC11 54.92 ▼ 2.45% CURY3 29.63 ▲ 0.03% AERI3 2.03 ▲ 0.50% VIVARA 21.32 ▼ 0.61% COMPASS 24.63 ▼ 1.79% VAMOS 3.18 ▼ 0.93% SANB11 26.49 ▼ 0.53% ASAI3 7.82 ▼ 2.49% SBSP3 28.53 ▼ 0.77% WALMEX 47.88 ▲ 1.14% GMEXICO 210.11 ▲ 0.41% FEMSA 221.97 ▼ 0.17% CEMEX 21.33 ▼ 0.70% GFNORTE 191.99 ▲ 1.44% BIMBO 58.57 ▼ 0.86% TELEVISA 9.83 ▲ 0.41% AMX 22.98 ▲ 0.97% GAP 376.69 ▲ 0.06% ASUR 268.47 ▼ 0.51% OMA 226.74 ▼ 0.25% KOF 179.43 ▼ 0.16% GRUMA 266.01 ▼ 1.09% KIMBER 39.61 ▲ 0.87% SQM-B 66,478 ▲ 1.49% COPEC 6,312 ▲ 0.83% BSANTANDER 80.31 ▲ 0.39% FALABELLA 6,090 ▲ 0.53% ENELAM 85.35 ▲ 0.41% CENCOSUD 1,973 ▲ 0.27% CMPC 1,034 ▼ 1.62% BANCO CHILE 194.50 ▲ 1.98% LATAM AIR 24.11 ▲ 2.60% YPF 81,900 ▼ 0.70% GGAL 8,050 ▲ 1.32% PAMPA 5,560 ▼ 1.24% TXAR 678.00 ▼ 0.29% ALUAR 978.00 ▼ 0.46% TGS 9,830 ▼ 1.65% CEPU 2,387 ▼ 1.36% MIRGOR 16,450 ▼ 1.64% COME 42.60 ▲ 0.16% LOMA NEGRA 3,675 ▼ 2.39% BYMA 298.25 ▲ 1.97% TELECOM ARG 4,400 ▲ 1.73% ECOPETROL 16.11 ▼ 1.38% BANCOLOMBIA 87.33 ▲ 0.62% GRUPO AVAL 4.92 ▼ 0.40% CREDICORP 391.36 ▲ 0.96% SOUTHERN COPPER 181.29 ▼ 0.51% BUENAVENTURA 31.28 ▼ 0.13% MERCADOLIBRE 1,817 ▲ 1.00% NUBANK 14.08 ▼ 0.78% XP 16.80 ▼ 0.21% PAGSEGURO 9.27 ▼ 2.06% STONE 10.91 ▼ 0.68% GLOBANT 31.83 ▲ 3.99% TECNOGLASS 45.07 ▲ 3.04% GAP AIRPORT 215.54 ▲ 0.04% ASUR 268.47 ▼ 0.51% OMA AIRPORT 103.91 ▼ 0.22% AMX ADR 26.21 ▲ 0.98% FEMSA ADR 127.43 ▲ 0.27% CEMEX ADR 12.18 ▼ 0.65% PETROBRAS ADR 18.78 ▼ 1.17% VALE ADR 14.84 ▲ 0.06% ITAU ADR 8.31 ▼ 0.54% SANTANDER BR 5.34 ▼ 0.47% AMBEV ADR 3.08 ▼ 0.49% CSN 1.07 ▲ 0.47% GERDAU 4.83 ▲ 1.26% LATAM ADR 50.70 ▲ 1.72% BTC 64,102 ▼ 1.45% ETH 1,862 ▼ 0.82% SOL 73.98 ▼ 2.48% XRP 1.09 ▼ 1.84% BNB 561.07 ▼ 1.04% ADA 0.16 ▼ 3.10% DOGE 0.07 ▼ 0.21% AVAX 6.22 ▼ 0.67% LINK 8.34 ▼ 1.49% DOT 0.80 ▼ 1.51% LTC 46.13 ▼ 1.70% BCH 209.52 ▼ 1.21% TRX 0.33 ▲ 0.54% XLM 0.18 ▼ 2.96% HBAR 0.07 ▼ 1.05% NEAR 1.81 ▼ 3.80% ATOM 1.39 ▼ 1.98% AAVE 94.19 ▼ 0.89% SELIC 14.25% EMBRAER 82.63 ▼ 0.92% EMBRAER ADR 65.25 ▼ 0.34% JBS 12.26 ▲ 1.03% JBS BDR 61.99 ▲ 0.28% MBRF3 14.90 ▼ 4.43% MBRFY 2.99 ▼ 3.24% INTER 5.41 ▼ 1.01% EGX 53,932 ▼ 0.11% USD/ZAR16.82▲ 0.02% USD/NGN1,363▼ 0.44% NIKKEI 64,611 ▼ 2.73% CSI300 4,649 ▼ 1.67% HSI 24,963 ▼ 0.98% NIFTY 23,767 ▼ 0.43% KOSPI 6,691 ▼ 5.72% JCI 6,196 ▼ 1.88% USD/JPY163.82▼ 0.02% USD/CNY6.76▼ 0.16% DAX 25,099 ▲ 1.36% CAC 8,372 ▲ 0.88% FTSE 10,736 ▲ 0.91% MIB 51,802 ▲ 0.95% IBEX 19,585 ▲ 1.65% STOXX 644.51 ▲ 0.82% EUR/USD1.14▼ 0.04% GBP/USD1.33▼ 0.36% SPX 7,434 ▲ 0.35% DJI 51,976 ▲ 0.51% NDX 28,309 ▼ 0.51% RUT 2,948 ▲ 0.27% TSX 35,395 ▲ 0.58% VIX 18.07 ▼ 3.37% USD/CAD1.41▲ 0.09% US10Y 4.6690 ▼ 0.72% IBOV 174,379.77 ▼ 1.33% IPSA 11,017.94 ▲ 0.93% IPC MEX 66,247.47 ▼ 1.56% MERVAL 3,306,661 ▼ 0.39% COLCAP 2,290.71 ▲ 0.33% BVL PERÚ 58,287.01 — — USD/BRL 5.07 ▼ 0.28% USD/MXN 17.47 ▼ 0.29% USD/CLP 947.02 ▲ 0.12% USD/COP 3,215 ▼ 0.02% USD/PEN 3.40 ▲ 0.11% USD/ARS 1,496 ▲ 0.47% USD/UYU 40.14 ▲ 1.38% USD/PYG 6,022 ▲ 1.26% USD/BOB 11.18 ▲ 4.51% USD/DOP 57.96 ▼ 0.33% USD/CRC 449.17 ▲ 1.76% USD/GTQ 7.63 ▲ 2.33% USD/HNL 26.75 ▲ 0.82% USD/NIO 36.62 ▲ 0.26% USD/VES 740.37 ▲ 0.46% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.29 ▲ 0.11% USD/TTD 6.71 ▲ 0.92% EUR/BRL 5.76 ▼ 0.24% BRENT 96.24 ▼ 4.42% WTI 88.76 ▼ 3.72% IRON ORE 161.91 — — COPPER 6.35 ▲ 0.72% GOLD 4,064 ▲ 0.43% SILVER 58.84 ▲ 1.79% SOY 1,253 ▲ 1.25% CORN 487.25 ▲ 5.01% WHEAT 678.25 ▼ 2.59% COFFEE 314.20 ▲ 1.55% SUGAR 14.76 ▲ 0.48% ORANGE JUICE 142.65 ▼ 2.83% COTTON 80.00 ▲ 0.20% COCOA 5,331 ▲ 0.57% BEEF 222.58 ▼ 1.25% CATTLE 342.05 ▼ 0.50% LITHIUM 68.14 ▼ 1.27% PETR4 42.23 ▼ 1.68% VALE3 75.32 ▼ 0.48% ITUB4 42.15 ▼ 0.96% BBDC4 18.53 ▼ 1.02% ABEV3 15.68 ▼ 1.51% BBAS3 20.44 ▼ 2.34% B3SA3 15.60 ▼ 0.32% WEGE3 45.42 ▼ 0.55% PRIO3 58.77 ▼ 2.92% SUZB3 41.91 ▼ 1.23% RENT3 36.81 ▼ 0.89% AZZA3 16.72 ▼ 1.94% CSAN3 3.81 ▼ 2.31% RAIZ4 0.27 — 0.00% PCAR3 2.76 ▼ 3.83% GMAT3 3.80 ▼ 1.81% PSSA3 54.99 ▼ 0.34% CVCB3 1.34 ▲ 2.29% POSI3 3.55 ▼ 3.27% SLCE3 13.73 ▼ 0.29% NATU3 8.42 ▼ 1.64% BRKM5 6.11 ▼ 0.97% RANI3 7.94 ▲ 0.13% CSNA3 5.38 ▲ 1.51% CMIN3 5.74 ▼ 1.54% USIM5 8.59 ▲ 1.18% GGBR4 24.28 ▲ 0.91% ENEV3 24.96 ▼ 2.88% CPFE3 45.21 ▼ 2.19% CMIG4 11.04 ▼ 1.34% EQTL3 38.35 ▼ 1.72% LREN3 13.20 ▼ 1.27% VIVT3 35.39 ▲ 1.99% RAIL3 13.53 ▼ 3.08% KLABIN 17.51 ▼ 0.85% RAIA DROGASIL 17.87 ▼ 1.76% RDOR3 33.22 ▼ 1.34% HAPV3 9.98 ▼ 4.68% FLRY3 16.31 ▼ 1.63% SMTO3 15.26 ▼ 2.86% UGPA3 32.74 ▼ 1.95% VBBR3 35.21 ▼ 1.10% BBSE3 41.61 ▼ 1.86% BPAC11 54.92 ▼ 2.45% CURY3 29.63 ▲ 0.03% AERI3 2.03 ▲ 0.50% VIVARA 21.32 ▼ 0.61% COMPASS 24.63 ▼ 1.79% VAMOS 3.18 ▼ 0.93% SANB11 26.49 ▼ 0.53% ASAI3 7.82 ▼ 2.49% SBSP3 28.53 ▼ 0.77% WALMEX 47.88 ▲ 1.14% GMEXICO 210.11 ▲ 0.41% FEMSA 221.97 ▼ 0.17% CEMEX 21.33 ▼ 0.70% GFNORTE 191.99 ▲ 1.44% BIMBO 58.57 ▼ 0.86% TELEVISA 9.83 ▲ 0.41% AMX 22.98 ▲ 0.97% GAP 376.69 ▲ 0.06% ASUR 268.47 ▼ 0.51% OMA 226.74 ▼ 0.25% KOF 179.43 ▼ 0.16% GRUMA 266.01 ▼ 1.09% KIMBER 39.61 ▲ 0.87% SQM-B 66,478 ▲ 1.49% COPEC 6,312 ▲ 0.83% BSANTANDER 80.31 ▲ 0.39% FALABELLA 6,090 ▲ 0.53% ENELAM 85.35 ▲ 0.41% CENCOSUD 1,973 ▲ 0.27% CMPC 1,034 ▼ 1.62% BANCO CHILE 194.50 ▲ 1.98% LATAM AIR 24.11 ▲ 2.60% YPF 81,900 ▼ 0.70% GGAL 8,050 ▲ 1.32% PAMPA 5,560 ▼ 1.24% TXAR 678.00 ▼ 0.29% ALUAR 978.00 ▼ 0.46% TGS 9,830 ▼ 1.65% CEPU 2,387 ▼ 1.36% MIRGOR 16,450 ▼ 1.64% COME 42.60 ▲ 0.16% LOMA NEGRA 3,675 ▼ 2.39% BYMA 298.25 ▲ 1.97% TELECOM ARG 4,400 ▲ 1.73% ECOPETROL 16.11 ▼ 1.38% BANCOLOMBIA 87.33 ▲ 0.62% GRUPO AVAL 4.92 ▼ 0.40% CREDICORP 391.36 ▲ 0.96% SOUTHERN COPPER 181.29 ▼ 0.51% BUENAVENTURA 31.28 ▼ 0.13% MERCADOLIBRE 1,817 ▲ 1.00% NUBANK 14.08 ▼ 0.78% XP 16.80 ▼ 0.21% PAGSEGURO 9.27 ▼ 2.06% STONE 10.91 ▼ 0.68% GLOBANT 31.83 ▲ 3.99% TECNOGLASS 45.07 ▲ 3.04% GAP AIRPORT 215.54 ▲ 0.04% ASUR 268.47 ▼ 0.51% OMA AIRPORT 103.91 ▼ 0.22% AMX ADR 26.21 ▲ 0.98% FEMSA ADR 127.43 ▲ 0.27% CEMEX ADR 12.18 ▼ 0.65% PETROBRAS ADR 18.78 ▼ 1.17% VALE ADR 14.84 ▲ 0.06% ITAU ADR 8.31 ▼ 0.54% SANTANDER BR 5.34 ▼ 0.47% AMBEV ADR 3.08 ▼ 0.49% CSN 1.07 ▲ 0.47% GERDAU 4.83 ▲ 1.26% LATAM ADR 50.70 ▲ 1.72% BTC 64,102 ▼ 1.45% ETH 1,862 ▼ 0.82% SOL 73.98 ▼ 2.48% XRP 1.09 ▼ 1.84% BNB 561.07 ▼ 1.04% ADA 0.16 ▼ 3.10% DOGE 0.07 ▼ 0.21% AVAX 6.22 ▼ 0.67% LINK 8.34 ▼ 1.49% DOT 0.80 ▼ 1.51% LTC 46.13 ▼ 1.70% BCH 209.52 ▼ 1.21% TRX 0.33 ▲ 0.54% XLM 0.18 ▼ 2.96% HBAR 0.07 ▼ 1.05% NEAR 1.81 ▼ 3.80% ATOM 1.39 ▼ 1.98% AAVE 94.19 ▼ 0.89% SELIC 14.25% EMBRAER 82.63 ▼ 0.92% EMBRAER ADR 65.25 ▼ 0.34% JBS 12.26 ▲ 1.03% JBS BDR 61.99 ▲ 0.28% MBRF3 14.90 ▼ 4.43% MBRFY 2.99 ▼ 3.24% INTER 5.41 ▼ 1.01% EGX 53,932 ▼ 0.11% USD/ZAR 16.82 ▼ 0.01% USD/NGN 1,363 ▼ 0.24% NIKKEI 64,611 ▼ 2.73% CSI300 4,649 ▼ 1.67% HSI 24,963 ▼ 0.98% NIFTY 23,767 ▼ 0.43% KOSPI 6,691 ▼ 5.72% JCI 6,196 ▼ 1.88% USD/JPY 163.81 ▲ 0.03% USD/CNY 6.7598 ▼ 0.10% DAX 25,099 ▲ 1.36% CAC 8,372 ▲ 0.88% FTSE 10,736 ▲ 0.91% MIB 51,802 ▲ 0.95% IBEX 19,585 ▲ 1.65% STOXX 644.51 ▲ 0.82% EUR/USD 1.1373 ▼ 0.08% GBP/USD 1.3326 ▲ 0.08% SPX 7,434 ▲ 0.35% DJI 51,976 ▲ 0.51% NDX 28,309 ▼ 0.51% RUT 2,948 ▲ 0.27% TSX 35,395 ▲ 0.58% VIX 18.07 ▼ 3.37% USD/CAD 1.4085 ▲ 0.04% US10Y 4.6690 ▼ 0.72%
since 2009
Friday, July 24, 2026

Silver’s Sharp Drop Signals Market Anxiety Amid Global Uncertainty

By · August 1, 2025 · 2 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

Silver prices slid quickly over the last day, falling from $36.97 to $36.10 per ounce. This significant drop unfolded as investors worldwide reacted to rising US tariffs, a stronger dollar, and signs of lower market confidence.

The leading exchanges in New York, London, and Asia all saw the same downward move, underscoring a global retreat from silver. Data from market charts show how the sell-off gained momentum.

Silver’s price fell below key moving averages (20, 50, and 100-day), which usually signal whether a trend is strong or weak. Once these levels were broken, many investors decided to sell rather than risk more losses.

The relative strength index, a measure of whether a market is overbought or oversold, dropped below 40 and showed that sellers outnumbered buyers.

The MACD, another trading tool used to judge price momentum, pointed even lower and reinforced the negative outlook. When prices started falling, trading volume picked up, confirming that many people rushed to exit their positions.

Silver’s Sharp Drop Signals Market Anxiety Amid Global Uncertainty
Silver’s Sharp Drop Signals Market Anxiety Amid Global Uncertainty. (Photo Internet reproduction)
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
Latin American markets, currencies and companies.
Open the full Ask Rio Times →

Another factor behind the bigger move was the falling Global Liquidity Index, which tracks the willingness of investors worldwide to buy or sell assets.

Silver Market Faces Sharp Declines Amid Risk Aversion

As this index dropped, there were fewer buyers for silver, making price swings sharper. This lower appetite for risk made price decreases happen faster and more severely than usual.

Fundamentally, investors took their money out of silver-backed ETFs, shrinking investment demand. At the same time, positive US economic news and new tariffs prompted more caution in financial markets.

Industrial demand—for electronics and solar panels—remained steady but could not outweigh the surge in selling. Technical analysis shows the market may have reached “oversold” territory, meaning the drop may slow down unless new bad news appears.

The $36.10 level provided a short-term floor, but if confidence doesn’t return, prices could fall further. The story behind these moves is one of hesitation and caution. Investors questioned if economic headwinds might grow stronger.

With fewer people willing to take financial risks and with global uncertainty on the rise, silver became a casualty in the largest market shifts.

As the volatility continues, traders and long-term investors alike are waiting for clearer signs of stability before stepping back into the market.

LatAm Markets: Live Signals → — real-time movers, turnover leaders and FX across Latin America.

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.