Core Viewpoint - Silver prices experienced a significant increase, reaching a record high of approximately $120 per ounce on January 29, but have since faced a sharp decline due to the unwinding of leveraged bets and a rebound in the dollar [1] Price Movement - The price of silver crashed on Friday, indicating a volatile market reaction following the peak [1] - The reversal in silver prices highlights the impact of market dynamics, particularly the influence of leveraged trading positions [1]