Silver futures jumped as much as 5% early Tuesday, continuing 2025′s rollercoaster ride for precious metals.
Silver
futures for March delivery were up 5% to last trade at $73.955 an ounce at 9 a.m. London time (4 a.m. Eastern time), bringing year-to-date gains to 153%.
Silver futures hit a record high overnight to Monday, reaching $80 an ounce for the first time. However, gains quickly evaporated and the metal logged its largest single-day drop since February 2021, closing the session down 8.7%.
“This is a historic move,” said KKM Financial CEO Jeff Kilburg on Monday. “We haven’t seen a move like this in a long time.”
