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SILVER CRASH MARKS #RAREST MOVE IN 50 YEARS
UBS says silver’s 26% plunge—with intraday swings near 38%—is one of the most extreme moves in decades, with volatility levels not seen in nearly 50 years.
The bank blamed the collapse on stretched prices, fading investor demand, and shifting macro conditions. Despite prices nearing UBS’s long-term forecast, it cautions it’s still too early to buy, given extreme volatility.
UBS says silver’s 26% plunge—with intraday swings near 38%—is one of the most extreme moves in decades, with volatility levels not seen in nearly 50 years.
The bank blamed the collapse on stretched prices, fading investor demand, and shifting macro conditions. Despite prices nearing UBS’s long-term forecast, it cautions it’s still too early to buy, given extreme volatility.
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