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Silver prices surpassed $66 an ounce to a record high Wednesday, while gold firmed as hopes of rate cuts by the U.S. Federal Reserve renewed after signs of a weak labor market, and as escalating U.S.-Venezuela tensions boosted safe-haven demand. Spot silver rose nearly 4% to $66.22 an ounce, after touching an all-time high of $66.88 earlier in the session. "Silver is pulling gold up with it... there is some rotational money going out of gold and into silver, platinum and palladium," said Marex analyst Edward Meir. "$70/oz (for silver) looks to be the next logical target in the short-term."...

Dear Friend of GATA and Gold: The hours-long suspension of CME Group's global futures trading platform on November 28 was not prompted by a cooling failure at a data center, as officially maintained, but by huge silver purchase orders from Chinese buyers, London metals trader Andrew Maguire tells this week's edition of Kinesis Money's "Live from the Vault" program. The Chinese orders, Maguire says, broke the silver price suppression scheme and required official intervention to avoid a declaration of force majeure on the New York Commodities Exchange and an explosion of metals derivatives internationally, an outcome no one in authority...

Tom Lee breaks down his 2026 market outlook on CNBC Closing Bell: Could we face a bear market next year... yet still finish strong? Tom Lee: What's in store for markets in 2026? | 18:29 Fundstrat | 95.4K subscribers | 183,037 views | December 11, 2025 [interesting YT comment: The interviewer argued with Tom all year that the landscape was not bullish. And now he can't wrap his mind around it no longer being bullish. -- @Luke.Spirit 19 hours ago (edited)

It’s the Dawn of Perpetual Scarcity and a New Monetary Era” Silver has experienced three spectacular bull runs over the past century, each driven by distinct macroeconomic, geopolitical, and supply-demand dynamics. Yet the present cycle is fundamentally different—a convergence of global mining stagnation and surging multi-sector demand threatens to ignite a much more consequential and potentially prolonged price explosion. The Three Major Bull Runs 1970s Bull Run (1971–1980) $1.30 → $50.00 → +3,746 % (≈ 37×) over 9 years 1970s run: final ~1.5 years = 80–90% of gains The first great silver bull began in 1971, triggered by the collapse...

Price of metal has more than doubled this year amid booming demand from investors and industrial users Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour. https://www.ft.com/content/c68c708f-282d-45fe-a9cd-b8871e43ed93 Silver prices have punched through $60 per ounce for the first time amid a historic rally driven by a scarcity of...

How One Delivery Demand Exposed the Game. Show Me the Bars: The 400 Million Ounce Call. Silver’s Moment of Truth: When the Screen Went Dark and 400 Million Ounces Knocked The moment the screen went dark, every silver trader on the planet knew something had snapped. Silver futures had been grinding higher for months, each dip devoured faster than the last, but that night the tape stopped behaving like a market and started behaving like an escape attempt. Asian buying bled into London, London bled into New York pre-market, and the chart turned into a near-vertical line as bids chased...

We're watching another stunning and historic day in the silver market as the price has surged more than $3 and even broken through the $57 level following last night's COMEX closure and precious metals flash crash.

The sudden halt of CME Globex futures trading on Friday, Nov 28, triggered a wave of speculation online — especially from silver traders who noticed the outage occurred minutes after silver futures touched fresh all-time highs above $54. As CME Group issued a statement citing a cooling issue at its CyrusOne data center, social media exploded with theories linking the halt to the ongoing silver breakout. Earlier in the day, CME confirmed: “Due to a cooling issue at CyrusOne data centers, our markets are currently halted. Support is working to resolve the issue…” The exchange clarified that the disruption was...

Trading gradually resumed after coming to a standstill on the Chicago Mercantile Exchange on Friday, as a cooling issue at one of its data centers impacted traders across the globe.

How India Is Turning Silver Into Money. In a move that has stunned global markets and delighted advocates of hard assets, India has quietly detonated a monetary bombshell: the Reserve Bank of India (RBI) is bringing silver back into the financial system. Beginning April 1, 2026, Indian banks will be authorized to accept silver as loan collateral. It’s the first modern recognition of silver as a monetary asset since the metal was gradually sidelined from global finance a century ago. But this is no symbolic gesture—it’s a calculated strategy that connects household wealth, national reserves, and geopolitical realignment under one...

By Leslie Hook Financial Times, London Thursday, November 6, 2025 The U.S. Department of the Interior has added copper, silver, and metallurgical coal to its list of "critical minerals," increasing the likelihood that these materials could be included in future tariff policies. The three materials are among 10 elements added today to the list, which is updated every three years by the U.S. Geological Survey. The list determines which minerals are included in the upcoming Section 232 tariff review of levies applied for national security purposes. It also plays a role in determining which domestic projects may receive federal support....

It won’t catch any fish, but the discovery of as many as 20,000 silver coins and pieces of jewelry dates back to the early Middle Ages. Here’s what you’ll learn when you read this story: A fisherman digging for worms at his summer home in Sweden instead discovered over 13 pounds of buried silver treasure. The hoard comes from the early Middle Ages, and includes mostly coins (and some jewelry). The entire cache of silver was tucked inside a copper pot. A Swedish fisherman searching for gooey, juicy worms to use as bait near his summer home near Stockholm instead...

An amateur metal detectorist profoundly believes in that maxim and it came true when he uncovered up to 15,000 Roman coins buried in a hoard that could be Wales' biggest-ever treasure find.The BBC reports David Moss, 36, from Cheshire, made the discovery that left him in disbelief after he dug up up two clay pots in an undisclosed northern part of the country.But the epic find in a muddy field left him fearing they could be stolen, so he slept with the treasure in his car for three days before taking the coins to experts, the BBC notes.The coins are...

Shortages hit London too. The silver market is broken. Key Takeaways Vipin Raina’s company, India’s largest precious metals refinery, ran out of silver stock for the first time in its history due to high demand from Indian customers. The shortages in India were soon felt globally, with the London silver market also running out of available metal, and traders describing a market that was “all but broken”. The silver market crisis was caused by a combination of factors, including a multi-year solar power boom, a rush to ship metal to the US to beat possible tariffs, and a sudden spike...

Wall Street’s power brokers are using a gold revaluation to rewrite the rules—turning massive silver losses into multi-billion windfalls overnight and signaling a seismic shift in the global financial…. That’s exactly how JP Morgan Chase is playing the metals market today. The bank has been hammered on its sprawling silver short—dozens of holes down, figuratively speaking. But instead of folding, it’s hit the most audacious “press” in modern finance: going long gold. By championing the narrative of $10,000 gold, the institution is resetting the game mid‑round, leveraging the new bet to erase the sting of the old one. If the...

China’s $128/oz Premium Sets Global Benchmark, Triggering a Worldwide Silver Supply Shock and Redefining Pricing Everywhere. Raw silver is commanding $128 per ounce in China, the world’s largest physical silver marketplace—a price more than double prevailing global spot rates. In an interconnected world, silver always flows to the market that pays the most and treats it best. When benchmark prices surge so dramatically in one dominant region, those levels ripple outward, redefining what buyers everywhere must pay for the real metal. As word spreads of China’s sky-high premiums, sellers and traders naturally align their offers to match, making $128 not...

A man hunting for fishing worms near his summer house in the Stockholm area has made an amazing discovery: a large hoard of silver coins and jewelry from the early Middle Ages. The hoard, weighing around six kilograms (13 pounds), consists of thousands of silver coins mixed with rings, pendants, and beads. The finder immediately informed the Stockholm County Administrative Board, which began an archaeological excavation of the site. The hoard is described by experts as unusually large and well-preserved. The items were placed in a copper cauldron that has mostly decayed over the centuries. “This is likely one of...

Chart The silver market just witnessed a seismic event: On the evening of October 9, Bruce Ikemizu, Chief Director of the Japan Bullion Market Association (JBMA), confirmed that the 1-month implied lease rate for physical silver in London erupted to a jaw-dropping 39.2%. This extraordinary spike, captured in recent market data, signals acute physical supply distress—metal in the vaults is running out, and lenders are demanding a premium for any silver that remains.​ Last Call for Physical: Delivery Demands Trigger Metal Crunch Gone are the days when buyers were content to roll over paper contracts. Now, contract holders are standing...

Silver is spiking simultaneously across the globe: China’s e-commerce platform JD.com lists silver at $59 per ounce. London’s lease rate rockets to a historic 19%. Physical shortages in Asia &The West. -$50 dollars is the new floor on Silver with no resistance above. -Silver short sellers will get their faces ripped off. (polite way of saying it) -Earlier this week the SLV lease rate spiked to over 12% -Today LBMA lease rate hit 19% -China industrial silver users hoarding physical silver All indicating a global silver shortage China’s state-run Chengtong Precious Metals—the direct descendant of the State Council Ministry of...

The classic Downfall bunker meme gets a 2025 twist. Silver has smashed through $50, the short-side generals are panicking, and their trusted market-rigging AI — COMEX-GPT — starts glitching and twitching. Watch the mayhem unfold as the paper shorts crumble and the physical market takes control.