Silver rebounds post-worst trading day in four years. Reasons explained.

Silver rebounded on Tuesday after a sharp selloff the previous day, with futures jumping 10% to $78.03 per ounce, following a year of impressive gains driven by investor interest as a safe haven and inflation hedge. Gold futures have also surged to record highs. Despite these gains, silver is still below its inflation-adjusted peak from 1980. The rebound in copper prices, up 3.1% on Tuesday after a 4.7% decline, reflects the metal’s importance in global energy infrastructure and growing demand due to AI technology development. Mining companies like Freeport-McMoRan and Newmont also saw upticks after the selloff.

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