Silver lurched between losses and gains, dropping nearly 10% before snapping back, as a lack of liquidity led to wild swings in a market struggling to find a floor. Spot silver was up more than 9% to above $77 an ounce by mid-afternoon in New York on Friday, having earlier tumbled toward $64. That followed a 20% decline in the previous session that wiped out all of the metal’s gains from a spectacular rally last month. Gold also advanced after an earlier retreat. Silver has always been subject to more violent price swings than gold, due to its smaller market and lower liquidity. But recent moves, the most volatile ... (full story)