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Gold and silver prices plunged Friday, as President Donald Trump’s nomination for the next chair of the Federal Reserve, Kevin Warsh, appeared to relieve concerns about the central bank’s independence and sent the dollar soaring. Spot silver was down 28% at $83.45 an ounce, trading near its lows of the day. Silver futures plummeted 31.4% to settle at $78.53, marking its worst day since March 1980. Meanwhile, spot gold shed around 9% to trade at $4,895.22 an ounce. Gold futures dropped 11.4% to settle at $4,745.10. The sharp moves down were initially triggered by reports of Warsh’s nomination. However, they...

Financial writer and precious metals expert Bill Holter (aka Mr. Gold) has been predicting record high gold and silver prices. We are nowhere finished with record prices for the metals happening every week and sometimes every day. Mr. Gold now has a new prediction about paper exchanges not being able to deliver physical metal. Holter says, “We exploded through $100 per ounce silver, and we went through $5,000 per ounce on gold, but that’s not the story. The story is there are already over 40 million ounces standing for delivery in January. January is a non-delivery month. If you go...

(Kitco News) – After a price increase of more than 200% year-over-year has pushed the gold:silver ratio to multiyear lows, it may be time for silver investors to take profits, according to analysts at HSBC. "After a year-on-year rise of more than 200% in the silver price, you may wonder if it’s time to sell the family silver!” they wrote in an update published Tuesday. “The rally has flipped the gold/silver ratio (the number of ounces of silver that can be bought with one ounce of gold) from being unusually high in April 2025 to unusually low now, despite gold...

Silver Price Performance USD Change Amount % Today +7.08 +6.24% 30 Days +42.13 +59.10% 6 Months +75.75 +201.10% 1 Year +81.88 +259.57% 5 Year +84.74 +295.46% 20 Years +103.70 +1,065.97% silverprice.org - 09:40 NY Time

Summary Gold hits record high of $5,110.50/ounce Silver hits all-time high of $109.44/ounce Analysts expect gold prices to climb toward $6,000 this year .

(Kitco News) - Gold prices a bit higher in early U.S. trading and silver prices are soaring and closing in on $100.00 an ounce. Both metals hit new all-time highs overnight. Ongoing safe-haven demand and chart-based buying amid firmly bullish technicals continue to drive the precious metals prices north. February gold was last up $11.10 at $4,924.50. March silver prices were up $2.413 at $98.78.

The price of silver surged to an unprecedented peak yesterday, closing at a historic high of $94.48 per ounce. This remarkable rally is fueled by a powerful combination of escalating geopolitical tensions and a severe, long-term physical shortage. With visible inventories dwindling, the psychologically significant $100 threshold is now within striking distance. Key metrics underscore the scale of the move: Previous Session Close: $94.48 USD (Record High) Year-to-Date Performance: +30.75 % Gain from 52-Week Low: +101.48 % 30-Day Volatility: 66.27 % Beyond the headlines, a fundamental supply crisis provides a solid foundation for higher prices. The global silver market has...

Silver was up nearly 148 percent in 2025, and the price has continued to climb in the new year, trading over $90 an ounce. With the rapid gain, silver now ranks as the second-most valuable asset in the world with a market cap of $5.35 trillion. The only asset more valuable than silver is gold, with a market cap of $32.5 trillion. Last week, silver blew past AI chip giant NVIDIA (market cap of $4.53 trillion). It has also surpassed stock market tech darlings Apple, Microsoft, Amazon, and Alphabet. Several dynamics have converged to drive silver higher, including spillover effects...

After the aborted 2024 rally sapped its momentum, and the tariff threats of early 2025 clouded its industrial demand picture, silver ultimately delivered on its promise this year, and then some, as prices gained 170% and counting. And while big banks and institutions are growing cautions with silver on the verge of $80 per ounce, many industry experts and a solid majority of retail traders see another standout year for the gray metal in 2026. Spot silver kicked off the year trading near $29.50 per ounce, after having closed 2024 with a pair of bounces right at the $29 support...

China’s relentless silver buying at record prices, a record SHFE spread, and 2026 export controls confirm silver has become the decisive industrial, economic, tech, and military weapon Physical silver buying in China is continuing at full speed even as silver marks fresh all‑time highs, and that persistence is the tell. What is unfolding is not a normal commodity cycle; it is a quiet arms race for the metal that powers the modern world.​ Silver buying doesn’t care about price. China’s silver demand has only intensified as prices have exploded, with Shanghai spot and near‑dated SHFE futures trading at persistent premiums...

CME Raises Silver Margins to $25K as Market Manipulation Intensifies CME raises silver margins to $25K amid a price surge, reviving manipulation concerns as higher costs threaten trader liquidations. On December 26, 2025, the CME Group announced an increase in margin requirements for silver futures. Starting December 29, 2025, the initial margin for March 2026 silver contracts will rise to $25,000. This move comes amid rising silver prices and growing concern about market manipulation. The CME’s decision is seen as another attempt to control silver’s price during a period of increased demand. The Impact of the Margin Hike on Silver...

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...

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...

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...

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...

Our headline chart shows silver storming ahead amid reports of backwardations and soaring lease rates. Will it continue, and will gold be next? A graph of a line graph AI-generated content may be incorrect. Driven by poor liquidity, in Europe this morning silver was $45.03, up $2.00 from last Friday’s close. Gold was up a less spectacular $68 at $3750 on the week, but with a firm undertone. In this report, we look at what is currently driving gold and silver prices higher, and whether it will continue. The chart below illustrates the paper market problem with the silver futures...

Silver Nears 2011 Highs as Physical Market Fractures Silver markets are flashing red as the amount of physical silver available for immediate delivery in London has plunged to the lowest levels ever recorded. According to Daniel Ghali, senior commodity strategist at TD Securities, the so-called “free-float” inventory at the London Bullion Market Association (LBMA) has dropped to just 155 million ounces. That’s less than a single day’s worth of trading volume for spot silver in London, and it marks an unprecedented squeeze in the world’s most important silver trading hub. What’s driving this crisis? A perfect storm of factors. The...

In the July 18 edition of Gold Newsletter, editor and publisher Brien Lundin wrote about the failure of silver prices to keep up with gold prices. "I'm not the kind of conspiracy buff that many of my friends in the industry are," Lundin wrote, "but it's hard to look at silver and not see some hidden hands at work (especially considering who holds so much of the metal in both physical and paper forms while acting as custodian for the biggest silver exchange-traded fund)." Of course, Lundin meant investment bank JPMorgan Chase and silver ETF SLV. Why anyone would invest...

silver is up $1.75 today so far

It's been a long time coming, but for precious metal fans the day of joy has finally arrived: following a coordinated campaign to buy both silver ETFs in the paper realm and precious metals in the physical, which over the weekend which left virtually US precious metals retailer with little to no physical inventory, silver has finally exploded higher following in the footsteps of other "most-shorted" names, and it was last trading just around $30/ounce, soaring by 11.5% - its biggest one-day jump since Sept 16, 2008 - the day Lehman filed for bankruptcy. And, if silver closes here, it...