Commodities

Silver Hit With Fresh Selloff as Volatility Holds Near Highs

A silver vault in Singapore.Photographer: Ore Huiying/Bloomberg

Silver fell sharply, wiping out its two-day recovery as the white metal struggled to find a floor following a historic market rout.

Spot silver plunged as much as 20% to below $71 an ounce on Thursday, with the rout starting during the Asian trading session.