Silver suffers biggest drop in 46 years, with ‘every man and his dog rushing for the exit’
Yahoo Finance·2026-01-31 04:07

Silver futures ended well below $100 an ounce on Jan. 30. - Getty Images Silver’s plunge on Friday was the metal’s worst daily drop since 1980 and was described by one strategist as “every man and his dog rushing for the exit.” President Donald Trump’s nomination of Kevin Warsh as the next Federal Reserve chair fueled a recovery in the U.S. dollar DXY, with some analysts saying Warsh would be less supportive of lower interest rates than other potential candidates for the role. That prompted selling among ...

Silver suffers biggest drop in 46 years, with ‘every man and his dog rushing for the exit’ - Reportify