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- Silver price today, Wednesday, October 21, 2026: Silver prices showing more resilience than gold
Silver December futures opened at $58.15 per ounce on Wednesday, October 21, 2026, up 0.3% from Tuesday's open, but had slipped to $57.68 by 7:00 a.m. ET. Compared with a week earlier, the opening price was up 2.5%; it was down 12.5% from a month earlier and up 14.5% from a year earlier. The article says silver is in a better position than gold this morning, as gold's open was lower than its level one week, one month and one year earlier. It notes that silver's industrial demand, used in solar panels, electronics and medical devices, can make its prices move more sharply than gold, which is viewed as a store of value.
- BC-Gold-Silver
Gold and silver futures on the NY Merc settled lower on Monday across the listed contract months. The Oct 26 gold contract settled at $4,139.00 per troy oz, down $20.50, while the Dec 26 contract settled at $4,160.10, down $21.00. The Oct 26 silver contract settled at $56.974 per troy oz.
- ORVANA REPORTS FOURTH QUARTER AND FISCAL 2026 PRODUCTION RESULTS - Spain Annual Gold Production Exceeds Guidance
Orvana Minerals reported production for the fourth quarter and fiscal 2026 (ended September 30, 2026). Q4 output was 12,947 gold equivalent ounces (GEO), including 10,895 gold ounces, 1.0 million pounds of copper and 35,502 silver ounces; full-year output reached 45,160 GEO. The Orovalle operation produced 37,775 gold ounces, about 2% above the top of its 34,000–37,000 ounce guidance range, while copper of 2.9 million pounds was within guidance. EMIPA at the expanded Don Mario plant produced its first gold doré and copper cathodes, but full-year output fell below the guidance withdrawn on September 17, 2026, as metallurgical recoveries during ramp-up were low. The company is optimizing acid leaching and filtration, and expects throughput to rise progressively toward 1,700 tonnes per day by the end of 2026.
- ORVANA REPORTS FOURTH QUARTER AND FISCAL 2026 PRODUCTION RESULTS - Spain Annual Gold Production Exceeds Guidance
Orvana Minerals (TSX: ORV) reported fourth-quarter and fiscal 2026 production for the year ended September 30, 2026: 12,947 gold equivalent ounces (GEO) in Q4 and 45,160 GEO for the year, comprising 39,282 gold ounces, 3.1 million pounds of copper and 112,499 silver ounces. Orovalle produced 37,775 gold ounces, above its 34,000 to 37,000 ounce guidance range, and 2.9 million pounds of copper, within its 2.7 to 3.0 million pound range. EMIPA began processing oxide ore through the expanded Don Mario plant and produced its first gold doré bars and copper cathodes in Q4, but its FY2026 output fell below guidance, which was withdrawn on September 17, 2026, as recoveries were below plan during ramp-up. The acid leaching and filtration sectors were identified as the main areas for optimization, and the company aims to reach 1,700 tonnes per day by the end of calendar 2026.
- Why silver is trending with investors in 2026
- Hindustan Zinc shares rise 4 % as brokerages weigh Q2 results , silver price outlook
Hindustan Zinc shares rose 4% on Wednesday as investors weighed its September-quarter results and brokerage views. The company reported a 61.3% EBITDA margin and reiterated FY27 refined metal output guidance of 1.1 million tonnes. The 12-month Bloomberg consensus target is Rs 646, about 20% above Monday's close of Rs 538.40, with HSBC highest at Rs 770 and Citi lowest at Rs 495. Jefferies kept its Buy rating and raised its target to Rs 650, Motilal Oswal cited better-than-expected quarterly performance, and Nuvama kept Buy but cut its target to Rs 676 from Rs 700.
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- Meta’s (NASDAQ:META) Q3 2026 sales top estimates, quarterly revenue guidance slightly exceeds expectations
Meta Platforms (NASDAQ: META) reported Q3 revenue of $64.6 billion, up 26.1% year on year and about 2% above estimates. Revenue guidance for the Q4 midpoint is $74.5 billion, 1.2% above analyst expectations. GAAP EPS of $3.83 was 29.9% below consensus, due to a $9.89 billion charge tied to an agreement with 52 attorneys general to resolve teen mental health litigation, with payments of up to about $18.59 billion; excluding it, EPS would have been $7.40. Operating margin fell to 20.1% from 40.1%, and free cash flow was -$2.12 billion. Daily active people reached 3.64 billion, up 100 million year on year.
- A SpaceX-Tesla megamerger could benefit both companies and Elon Musk's personal fortune
SpaceX shares rose 8% and Tesla 3.5% after Elon Musk said each company had formed special committees to discuss a possible combination. At current market values, the merged company would be worth about $3.5 trillion, the largest deal ever, and Musk argues it makes sense because both businesses rely heavily on artificial intelligence. Musk owns 11% of SpaceX and 19% of Tesla, and a change-in-control provision in Tesla's pay plan could treat many performance targets as met in a merger, which would make him richer. Although the shares are very expensive by most measures, most analysts still call them a bargain, and many work for banks hoping to win Musk's business. Democrats have called for investigations into SpaceX's federal contracts and could scuttle plans if they win big in next month's midterm elections.
- Netflix Is Down 38% Since Completing Its 10-For-1 Stock Split. Here's Why the Sell-Off Is Worsening After Its Latest Earnings.
Netflix shares are down 37.9% since the 10-for-1 stock split was completed on November 17, 2025, as of the October 20 close. After its third-quarter 2026 report, the stock fell 5.9% to $64.62 in after-hours trading, which would mark a new two-year low. Revenue rose 11.8% year over year, and operating margin widened from 28.2% to 34.6%, but the company now expects $2.7 billion in full-year ad revenue, down from $3 billion, due to a slower rollout of ad product capabilities. Its 2026 revenue forecast of $51.1 billion sits 0.2% below the prior midpoint, and the article also points to competition from YouTube, a third price increase in under three years, and a valuation of 17 times 2027 earnings. Netflix ended the quarter with $8.19 billion in cash against $12.66 billion in long-term debt.
- Where Will Novo Stock Be in 10 Years?
Novo, a Denmark-based pharmaceutical company, reached an all-time high in 2024 but has since faced clinical and commercial setbacks and lost substantial market value over the past two years. Its diabetes products, including Ozempic and Rybelsus, and its obesity drug Wegovy remain core, but U.S. patents on the active ingredient in these drugs expire in 2032, potentially opening the door to cheaper generics. Near-term catalysts include CagriSema, which could be approved by year-end and combines semaglutide with cagrilintide, though it fell short of the 25% mean weight loss Novo had hoped for. The pipeline also includes amycretin, UBT251, and several oral weight loss candidates. The author sees the pipeline as deep but warns of rising competition from dozens of weight-loss drugs, slower market growth, and possible U.S. drug price negotiations.
- NextEra Energy ( NEE ) Q3 2026 Earnings Call Transcript
NextEra Energy reported third-quarter adjusted earnings per share of $1.24, up 9.7% year over year. Florida Power & Light's net income reached $1.62 billion, versus $1.463 billion a year earlier, while adjusted earnings at NextEra Energy Resources rose 13% to $1.247 billion. The renewables and storage backlog reached 36.7 gigawatts, and FPL raised its large load target to 8 gigawatts by 2032. Shareholders have approved the pending combination with Dominion Energy, with state regulatory reviews expected to conclude in early 2027. Management maintained its 2026 adjusted earnings guidance and is targeting the high end of the range, even though wind generation in Q4 is projected to fall to 90% to 95% of the long-term average due to El Niño.
- Amazon logistics automation offers long-term margin gains, Jefferies says
Jefferies says Amazon's warehouse automation and expanding logistics network could lift retail margins long term by reducing labour dependence. Amazon has deployed over 1 million robots, but only 40% to 45% of its US small-sortable fulfillment centers are highly automated, leaving room for growth. A US$1 hourly wage rise would add about US$1.1 billion to costs, and Amazon has around US$27 billion of visible capex planned for automation and delivery. Jefferies sees third-party parcel delivery as a growth area, with US delivery stations possibly growing from about 575 to 950 by 2030 and early trials showing 20% to 25% savings for shippers. Grocery is harder given US$10 to US$12 delivery cost per order, though the broker sees potential in Amazon's planned Illinois hybrid retail concept expected in 2028.
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