Silver crashed nearly 33% in a single trading session on January 30, 2026, plunging from above $121 per ounce to $76. This marks one of the most violent selloffs in precious metals history, wiping out weeks of gains in just 48 hours. The crash was triggered by a perfect storm of hawkish Fed nomination news, aggressive dollar strength, and cascading forced liquidations across commodity markets. "The precious metals market turned into a slaughterhouse when, in just 48 hours, silver crashed from historic peaks above $121 to $76, posting a nearly 33% decline," said Max Bączkowski, independent analyst and trader in ... (full story)