Silver prices tumble below $88 per ounce, extending a dramatic selloff that wipes out roughly 26% of value in just 36 hours. The move marks one of the sharpest short-term declines on record for the precious metal, following a period of extreme volatility across commodities markets.
The collapse triggers a massive contraction in market value, with silver’s capitalization falling by nearly $1.8 trillion. Analysts describe the drop as the worst single-day decline in the metal’s history, driven by rapid deleveraging, forced liquidations, and a sudden shift in risk sentiment.
The scale and speed of the selloff highlight silver’s vulnerability during periods of market stress, particularly given its dual role as an industrial input and investment asset. Traders brace for continued volatility as markets reassess positioning and liquidity conditions.
