Last week in 2025, silver surged to nearly $84 an ounce before swinging wildly all week and closing above $72, a high volatility stretch that shook the market. From a blistering Asian-market surge to a brutal midweek sell-off, here’s what really drove silver’s dramatic price action and why it matters now. This past week in silver was anything but boring, and it all started with a bang. The spot silver price ripped higher in Asian trading, surging nearly $84 an ounce to a new nominal high before most investors had their morning coffee. What followed was a violent, whipsaw sell off, with sharp up and down moves that shook out anyone unprepared for real volatility. By the end of the week, silver settled at $72.86 an ounce, but the story behind those moves matters far more than the closing price. If you want to understand what really happened, why it matters, and what it could signal next, this is a week you do not want to miss.