Silver price crashes 6% after hitting $54 record high — Is this the end of silver’s historic rally — or just a reset before another surge? Here’s what market experts say about silver’s next price move

Silver price crashed 6% on Friday — its largest single-day fall in six months — after touching a record high of $54 an ounce earlier this week. In New York, spot silver dropped to $51.88, while gold slipped 1.9%. The sharp correction came as easing U.S. credit fears and trade tension relief cooled safe-haven demand. Analysts warn the pullback could signal a temporary pause or the start of a broader metals correction. Here’s what experts predict next for silver prices in 2025.