How Chinese Speculators Set the Stage for Gold and Silver Crash

In the history of the silver market, prices had traded above $40 an ounce for only a handful of brief periods before last year. On Friday, exhausted traders watched in shock as the precious metal plunged by that much in less than twenty hours.

Feb 2, 2026 - 20:45
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How Chinese Speculators Set the Stage for Gold and Silver Crash
Bloomberg
In the history of the silver market, prices had traded above $40 an ounce for only a handful of brief periods before last year. On Friday, exhausted traders watched in shock as the precious metal plunged by that much in less than twenty hours.

Source: Bloomberg

Read more: https://www.bloomberg.com/news/articles/2026-02-01/how-chinese-speculators-set-the-stage-for-gold-and-silver-crash

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