Analysts: Precious metal volatility will continue; rebound depends on factors such as the dollar's performance.

Silver prices fell sharply on Thursday, with volatility persisting as a stronger dollar triggered a new round of market corrections. Spot silver prices fell as much as 16% to $73.58 per ounce, down more than 30% from recent record highs, and were last down 8%. The dollar index rose as much as 0.2% to 97.79. "If this (dollar) rebound is not just a short-lived rally, it could continue to weigh on gold prices," said Fawad Razaqzada, an analyst at FOREX.com. Eva Mansi, a commodities strategist at ING, noted, "Silver is often called 'gold on steroids,' and its percentage volatility is typically significantly higher than gold." She stated that the silver market is smaller and more influenced by investment and industrial demand, resulting in greater price volatility. Analysts expect volatility in the precious metals market to continue as investors reassess last year's record rally and this year's historic pullback. For now, Mansi believes the recent sell-off is more likely a technical or cyclical correction than a structural weakening, as macroeconomic fundamentals remain solid. Mansey added, "The speed and sustainability of any further recovery will depend on the dollar's trajectory, interest rate expectations, and overall risk sentiment." (Jinshi)