Spot silver falls below $60/oz, down 2.2% on the day

Silver's break of a round-number threshold matters less for the print itself than for what it signals about positioning around a level traders watch. The move is notable because silver sits at the intersection of monetary-demand narratives and industrial/RWA-adjacent supply chains, so a session decline of this size can reflect either macro repricing or momentum unwinding, and the item doesn't distinguish between them. The open question is whether the break holds or reverses, and whether it drags related metals and tokenized commodity proxies with it.