When the silver price rises too much on too much speculation, the CME typically tries to bring sanity into the market by increasing margins. This leads to a temporary spike in volatility and brings the silver price down. The CME notices can be found here.
There were 3 silver margin hikes around August 2020, which lead to a 13% plunge in one day in silver prices from $28/ounce to $24/ounce.
There were 3 silver margin hikes around August 2020, which lead to a 13% plunge in one day in silver prices from $28/ounce to $24/ounce.
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