Spot silver plunged 20% to $92.19, its steepest single-day loss since 2008, before rebounding above $100; spot gold also fell nearly 9% intraday to below $4,900 per ounce.
Spot silver experienced a dramatic 20% drop to $92.19 per ounce, marking its largest single-day decline since the 2008 financial crisis, before rebounding above $100 later in the day. Spot gold also suffered a sharp fall, slipping below $4,900 per ounce with an intraday loss of nearly 9%. These price movements disrupted recent market trends and reflected heightened volatility in precious metals trading.