Precious metals slammed, silver plummeted. Was it this news out of China?

  • Silver dumped 20% or so, in just minutes
silver market

I think the moves were just the new volatility in fearful, thin markets.

But, if you want some news, this earlier:

  • China's gold consumption in 2025 fell 3.57% to 950.096 metric tons, the state-backed gold association said on Thursday.
  • Gold output using domestic raw materials climbed 1.09% year on year to 381.339 metric tons, the association said.
gold silver collapse 05 February 2026
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