Silver Price Hits 2026 Low. Will It Crash Further?
Silver closed Friday at $53.83, down nearly 56% from its record high of $121.74, marking its weakest finish of 2026. The collapse began when January's speculative rally reversed, and traders are positioning for further losses as gold also slipped below $4,000. A broad precious-metals drawdown matters to crypto traders because it signals risk appetite draining from speculative hard-asset trades that often correlate with bitcoin flows.