Wed, 10 Dec 2025

Wed, 10 Dec 2025 Why has the price of silver hit a record high?

The price of the precious metal has topped $60 an ounce for the first time ever.
Interest rates are widely expected to be cut by a quarter of a percentage point on Wednesday, making silver more attractive as investors seek safe-haven assets. Demand for silver has outstripped supplies due to its use in electric vehicles, solar panels, and other technologies, pushing up prices which have more than doubled this year. Experts say the price of silver will remain high in coming months due to strong demand from manufacturers and lack of investment in the industry. Silver's rally could be seen as a "spillover effect" from gold's jump in value, with investors seeking cheaper alternatives. The precious metal's rise is also attributed to its conductivity, making it essential for various technological applications.
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