Silver Prices Jump Above $90 Per Ounce After Rapid 48-Hour Rally

The evidence strongly supports the statement that the price of silver exceeded $90 per ounce within a 48-hour period. There are multiple, corroborating pieces of evidence that point to a peak price well above this threshold.One source, an article from a solar industry trade publication, directly states that silver reached an all-time high of $121.65 per ounce. This figure, on its own, confirms the statement.This claim is further substantiated by data from a local news report, which stated that silver fell 31% to $78 per ounce from the previous day. A calculation based on this information ($78 / (1 - 0.31)) indicates the prior day's price was approximately $113 per ounce, again comfortably exceeding the $90 mark. The mention of this price change occurring from one day to the next fits within the specified 48-hour timeframe.Contextual evidence from highly authoritative sources, including an encyclopedia article from Britannica and a Wikipedia entry, discusses the historical "Silver Thursday" event of 1980, a period of unprecedented price spikes and volatility in the silver market. This historical context makes the claim of such a high price point entirely plausible. No relevant sources contradict the claim. The evidence is consistent across multiple sources, providing both direct statements and verifiable data points that lead to the same conclusion. Therefore, there is a high degree of confidence in the statement's truthfulness.