Silver soars 13 percent after recent crash

Silver prices soared 13.1% on Tuesday, reaching $87.06 per ounce. This is a sharp recovery from a drop to $72.10 in early February.

Silver prices surged sharply on the New York Stock Exchange on Tuesday. According to Comex data, the price of March 2026 futures increased for over 13%.

By 6:15 PM, silver prices had surged 13.1%, reaching $87.06 per ounce. During the trading session, the precious metal hit new highs, briefly rising to $89.03.

The current surge in silver prices on the exchange was preceded by an equally sharp decline. Just a few weeks after the price broke through the $120 per ounce level, the price collapsed to $72.1 in early February.