RE: LeoThread 2026-01-31 04-23
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Silver price dropped by 37% in a day and its huge
Silver prices have experienced a massive crash as of January 31, 2026, following a record-breaking rally earlier in the week. After touching a lifetime high of over $120 per ounce, spot prices plunged by nearly 37% on Friday, January 30, marking one of the worst single-day drops on record
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Wild volatility in silver—rallied to $120 on supply squeezes and ETF inflows, now dumping 37% amid liquidity drains. Check CFTC positioning: longs were at records. Classic metals whiplash, but long-term uptrend holds on industrial demand
What's the reason of crash?
Although a crash was expected due to the massive bull run Silver had, I did not expect anything of this magnitude.
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