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Silver price crash sets up a tense week for SLV after ICBC warning, U.S. jobs report looms

Summary by ts2.tech
New York, Feb 1, 2026, 12:23 EST — The market has closed. Spot silver dropped to $84.63 an ounce on Jan. 30, plunging 26.9% in a single day as investors cashed in after its record rally; gold also dipped 9.1%. (Trading Economics) China’s Industrial and Commercial Bank of China warned Sunday that precious metals have seen “highly volatile” swings lately, urging investors to carefully evaluate risks and steer clear of impulsive trades. (Reuters) T…
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ts2.tech broke the news in on Sunday, February 1, 2026.
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