Silver ETF SLV hit its worst day in five years — then bounced back as China export rules and margin hikes bite
The iShares Silver Trust, the biggest U.S. silver-backed exchange-traded fund, fell about 7% on Monday in its steepest one-day drop in five years as silver prices retreated from record highs. SLV was up about 4% in Tuesday trading, a sign that volatility has not left a market that has surged through year-end.