Did silver prices crash from $111 to $76?

The Precious Metal Plunge

Silver prices dropped to $76.06 per ounce on February 5, 2026—down significantly from the $111.36 peak in late January 2026 but still more than double early 2025 prices.

The Price Journey

Massive volatility: Silver was at $32.30 in February 2025, surged 270% to $111 in late January 2026, then crashed 32% in days.

Still up year-over-year: Despite the crash, silver is 135% higher than February 2025 prices.

Investment Opportunity?

With gold reaching $5,000 per ounce (up from under $3,000 in February 2025), silver offers similar precious metal characteristics at a fraction of the cost. Historically, precious metal prices tend to rise over time, making current "crash" prices potentially a buying opportunity according to investment analysts.