Why did the silver price fall almost 30% today?

A stronger US dollar after Donald Trump backed Kevin Warsh for Fed chair pressured metals. That shift likely implied a less dovish policy path. Heavy options hedging and margin calls then forced more selling, creating a feedback loop. Liquidity thinned, spreads widened, and the drop accelerated into the close.

Is the SLV ETF suitable for Swiss investors?

It can be, but it trades in USD, so CHF-based investors take currency risk. Check broker FX conversion costs, spreads, and custody fees. SLV aims to reflect spot silver before costs and does not hedge currency. If you want leverage or CHF hedging, consider whether other instruments better fit your objective.

Should I buy the dip in SLV or AGQ now?

Have a plan before acting. Consider scaling in, use limit orders, and define stops. Favor SLV over AGQ if you are not experienced with leverage, as leveraged ETFs can decay during volatile periods. Size conservatively and review whether your thesis depends on dollar strength fading soon.

What indicators can help time entries after a crash?

Monitor price versus the 50-day and 200-day averages, RSI for momentum, and volume trends for confirmation. Watch intraday highs and lows for levels. Bollinger bands can frame mean reversion, but combine tools with macro cues like dollar moves and policy headlines to avoid false signals.

Global Market Insights

SLV Stock Today: January 31 Silver’s Worst Day Since 1980 on Fed Pick

ByDanny Kontos January 31, 2026January 31, 2026

The silver price suffered its worst one-day fall since 1980, down nearly 30%, after Donald Trump named Kevin Warsh as his preferred Fed chair. A stronger dollar, margin calls, and options flows hit metals. The SLV ETF slid hard, while leveraged AGQ saw even steeper losses. For Swiss investors whose portfolios are in CHF, today’s move raises urgent questions on currency risk, position sizing, and whether a rebound is likely if dollar momentum cools. We break down the drivers, data, and next steps.