Silver’s worst daySilver plunged 31 percent on Friday in its worst single-day crash on record. The white metal had touched a record $122 just one day earlier. CME Group had just raised margin requirements on silver futures to 11 percent from nine percent, effective Wednesday. Silver collapsed 50 percent over four days after COMEX raised margin requirements to break the Hunt Brothers’ corner on the market. Friday’s crash followed the same script: a parabolic rally, concentrated positioning, rising margin requirements, and a catalyst that triggered cascading liquidations.

Source: Philippine Star February 01, 2026 16:34 UTC