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Silver Sinks Amidst Commodity Index Sell-off
8 Jan
Summary
- Silver prices extended losses on January 8, 2026.
- Futures selling tied to commodity index reshuffle pressured silver.
- A stronger US dollar made silver more expensive for buyers.

Silver prices continued their volatile trajectory, experiencing a notable slump on Thursday, January 8, 2026. This downturn was largely attributed to anticipated futures selling activities linked to an upcoming commodity index reshuffle, prompting traders in both global and domestic markets to engage in profit-booking.
The strengthening US dollar also played a crucial role in the metal's decline. By making silver more costly for overseas purchasers, the robust dollar added another layer of pressure on its market value. Investors were closely observing mixed economic data releases.
As the market navigated these factors, attention turned towards the impending release of the nonfarm payrolls report on Friday. The overall sentiment reflected a cautious approach by investors amid prevailing market uncertainties and currency fluctuations.




