Silver Price Forecast: $76 After $2T Wipeout, Banks See $150 Back

Silver is trading near $76.16 per ounce, down 12.4% over the past 24 hours, as of writing. The metal extended loses during the February 4 session, briefly worsening about 12% to $76 per ounce.

The move marks a notable recovery after a sharp commodities selloff in recent sessions. Market participants now assess whether the rebound signals renewed momentum or a pause after extreme volatility.