Silver is recovering from its sharpest intraday reversal since the 2008 financial crisis, rebounding above $110 after plunging more than 7% from Monday’s record high above $117. The extreme volatility in precious metals reflects a broader crisis of confidence in fiat currencies and government debt. With gold breaching $5,000 and silver posting its wildest swings in 17 years, markets are signaling deep unease over fiscal sustainability in major economies—a sentiment that could ripple across risk assets, including cryptocurrencies. Record Surge Meets Sharp Reversal The white metal recorded its biggest intraday jump since the global financial crisis, soaring 14% before giving up most gains in late US trading
source: https://beincrypto.com/silver-recovers-from-post-rally-plunge/