T Buy Silver | Don

While silver is often touted as "gold's affordable cousin," recent market behavior in 2026 has exposed significant pitfalls for retail investors. While the metal saw a dramatic surge earlier this year, reaching a peak of roughly $113 per ounce in January, it has since faced sharp corrections, highlighting why many experts caution against treating it as a safe-haven asset. 1. Extreme Price Volatility

: By February 2026, prices had dropped back to roughly $77 per ounce, a 32% decline in just weeks. don t buy silver

: Silver hit a high of $113.53 in late January 2026 but crashed 27% shortly after following the nomination of a new Fed chair. While silver is often touted as "gold's affordable

: Because the silver market is much smaller and less liquid than gold, even modest shifts in investor sentiment or industrial demand can trigger outsized price swings. Silver (SIW00) 3.41% since Dec 31, 2025 As of Apr 28, 8:30 AM EDT • Disclaimer Apr 28, 2026 Prev close75.57 Open interest66309 2. The "Industrial Trap" Extreme Price Volatility : By February 2026, prices

: This makes silver behave more like a base metal than a store of value. During economic slumps, industrial output slows, which can drag silver prices down even when other precious metals are rising.

Investing in Gold and Silver: A Decision Guide | Morgan Stanley