Silver surges and then slumps. How ‘index rebalancing’ could lead to more wild swings.

Silver prices swing wildly as metals markets face key near-term risks.

Spot silver fell below $72/oz, and spot gold touched $4370/oz.

Spot silver fell below $72/oz, down 9.06% on the day; the iShares Silver Trust fell 7.3%; and the Global X Silver Mining ETF fell 5%. Spot gold touched $4370/oz, down 3.62% on the day. (Jinshi)

Spot platinum fell 11%, hitting a daily low, approaching $2,174

Spot silver fell below $74/ounce

Market data shows that spot silver has fallen below $74 per ounce, down 6.54% on the day. (Jinshi)

Basic materials roundup: Market talk

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