Group 1 - Silver is recovering from its largest one-day drop in over five years, with supply shortages contributing to a monthly gain of nearly 33% [1] - The market has seen significant speculation, particularly as investors have shifted focus to silver following gold's rally, making silver a focal point for momentum trading [2][3] - Silver is recognized not only as a precious metal but also for its important industrial applications, which has led to increased speculation and trading activity [4] Group 2 - Exchanges have responded to the heightened speculation by raising margins, and some investment funds, such as China's Silver Play Fund, are turning away new investors [4][5] - Authorities and regulatory bodies are implementing measures to curb the rampant speculation in the silver market, which has shifted from being a safe haven to a speculative asset [5]