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Silver Surges: White Metal Hits New Highs!
22 Dec
Summary
- Silver reached a new all-time high above $67 per ounce.
- Tight physical supply in London and China drives price increases.
- Industrial demand for silver in EVs and solar panels is growing.
The white metal, silver, has experienced a record-breaking performance this year, with its value more than doubling in 2025 and reaching a new all-time high above $67 per ounce internationally. Analysts foresee continued growth, predicting a potential 20% surge in the first quarter of 2026, with prices possibly reaching $70-80 by March. This upward trend is fueled by significant investor demand and persistent supply shortages.
The current rally is largely attributed to a tight physical supply in London and China. Increased exports to the US, combined with higher Comex premiums, have created a squeeze in the physical market. Furthermore, the growing popularity of silver Exchange Traded Funds (ETFs), backed by physical silver purchases, has intensified this supply pressure. Retail and high-net-worth individuals' investments in ETFs are now supported by nearly two years of global consumption demand.
