Here’s What to Watch for Silver’s Next Move After Wild Ride Past $80
Silver prices jumped more than 25% in December alone, on track for the biggest monthly increase since 2020.
Photographer: Brendon Thorne/BloombergSilver’s exceptional volatility in recent days has captured the zeitgeist — with even the likes of Elon Musk drawing attention to the metal’s ferocious rally to all-time highs.
The metal rose to a record above $84 an ounce early Monday, before promptly crashing close to $70 in thin, post-holiday trading. It was one of silver’s largest price reversals ever.