Spot silver’s rally above $90 per ounce reflects robust market momentum, with heavy buying driving a sharp rebound from multi-day lows.
On February 4, spot silver surpassed $90 per ounce, rising more than 5% intraday and rebounding over $18 from this week's low, according to Gate data. This follows a prior COMEX silver futures surge of over 10% to $85 per ounce, underscoring strong investor demand and heightened volatility in the precious metals market.