Retail Investors Double Down on SLV as Silver Plunges 46% From Peak
Retail traders poured $430 million into iShares Silver Trust (SLV) amid a historic collapse in silver prices, with the metal tumbling from $121 to $64 before recovering to $78. The buying spree peaked on January 30 when Vanda Research tracked $100 million of inflows during a 27% single-day crash – the worst in silver's history.
"The sell-off became a buying trigger," said Rhona O’Connell of StoneX, noting retail investors treated the plunge as a discount opportunity rather than a warning. The metal’s volatility spiked after geopolitical tensions and monetary policy shifts drove a 2024 rally, transforming what began as safe-haven demand into speculative frenzy.