Core Insights - The price of silver experienced a historic drop of over 30% due to a strengthening US dollar and investor reactions to President Trump's Federal Reserve pick [1][4] - Commodities analyst Jeffrey Christian anticipates that the decline in silver prices could persist, with a worst-case scenario predicting prices could fall to $68 an ounce, representing an additional 17% drop [2][3] Market Indicators - CPM Group is monitoring several indicators that may signal further declines in the silver market, including diminishing investor interest, increasing inventories, and shifts in trading momentum in silver, bonds, and silver-related ETFs [3][5] - Despite the recent plunge, there is a possibility that silver prices could remain high or even increase through 2026, according to Christian [3] Investor Sentiment - Concerns about inflation and the robustness of the US dollar are pushing investors towards silver as a safe haven, although further price declines could lead to a large-scale exit from the market [2][4] - The recent drop in silver prices raises significant concerns about its future as a safe haven investment [4]