Global silver prices have just experienced an extremely volatile period, soaring to USD 117 per ounce during the trading session on January 27 before sharply retreating. In just two weeks, this precious metal has gained more than 40%, triggering widespread FOMO and sending strong warning signals of a high risk of a sharp short-term correction.

In 2025, silver prices broke the historic 1980 peak, surging by more than 166% and at one point reaching USD 83.62 per ounce. However, a sharp correction of over 9% toward the end of December served as a clear reminder to investors of silver’s famously volatile, “untamed horse” nature.

Rising by nearly 170% in 2025 and at one point reaching its highest level since 1980, silver emerged as the “star” of the global precious metals market. Nevertheless, the sharp correction toward the end of the year served as a clear warning of the metal’s high volatility as it enters 2026.

Allowing enterprises to change the use of proceeds from a bond offering with the approval of holders representing more than 65% of outstanding bonds not only enables proactive handling of difficulties and reduces the risk of defaults, but also helps “unshackle” and revitalize the bond market.