Silver prices have experienced significant volatility, reaching a record high of over $US84 per ounce before dropping to around $US70, reflecting a 140% increase this year. Investor interest from China and substantial inflows into silver exchange-traded funds have contributed to this surge, while technical indicators suggest prices may be unsustainable. Additionally, the market is facing heightened risk management measures, including raised margins on silver futures. As silver catches up with gold amid increasing demand for precious metals, the market is closely monitoring the evolving dynamics.
