Silver prices have been rising quickly, but there are a few things to consider before buying the metal at Costco.

Silver’s plunge on Friday put the the metal on track to suffer its worst daily drop since 1980, in a move that one strategist referred to as “every man and his dog rushing for the exit.”

Former JPMorgan strategist Marko Kolanovic said the rally in silver is headed for a reversal. Others have also voiced concerns about the meme-like gains.

Banks can still play a role in the precious metals market, but buying physical silver isn't always straightforward.

The fact that silver is following in gold's footsteps is quite normal, as silver prices have historically lagged gold's during precious metal bull markets. Both are viewed as safe havens against inflation, geopolitical tensions, and economic instability, all of which are prevalent in today's environment.

Silver prices crashed on Friday. One commodities expert says there are three signs to watch for to know if more pain is coming.

After a historic crash in precious metals, traders are watching closely to see where the money moves next.

Pawn Stars’ boss Rick Harrison joins ‘Varney & Co.’ to break down the sudden drop in gold and silver prices