Silver price plummets

['The Corner Has A Team Of On-The-Ground Reporters In Capital Cities Ranging New York To Beijing. Their Stories Are Edited The Teams At The Spanish Magazine Consejeros', 'For Members Of Companies', 'Boards Of Directors', 'At The Stock Market News Site Consenso Del Mercado', 'Market Consensus . They Have Worked In Economics', 'Communication For Over Years.'] The Corner 2026-08-12 05:21:48

At the end of January this year, following a dizzying rally that began in late 2025, the spot price of silver soared to an all-time high of $121.67 per ounce. At the end of January this year, following a dizzying rally that began in late 2025, the spot price of silver soared to an all-time high of $121.67 per ounce. Silver ThursdayIn the 1970s, the Hunt brothers (Nelson Bunker Hunt and William Herbert Hunt) bought massive quantities of physical silver and futures contracts. As a result, by early 1980, silver had reached an all-time high of close to $50 per ounce (an eightfold increase in price in just over a year). Within a matter of weeks, the price of silver plummeted by more than 80 per cent, falling from $50 to less than $10.