Silver Thursday

Silver price history in 1960–2020 showing the Silver Thursday event in 1980
Gold price history in 1960–2020 showing the Silver Thursday event in 1980

Silver Thursday was an event that occurred in the United States silver commodity markets on Thursday, March 27, 1980, following the attempt by brothers Nelson Bunker Hunt, William Herbert Hunt and Lamar Hunt (also known as the Hunt Brothers) to corner the silver market. A subsequent steep fall in silver prices led to panic on commodity and futures exchanges.