“Silver price soars to historic $65 per ounce due to a set of “perfect” conditionsSilver prices have reached a new all-time high, surpassing the $65 per ounce mark, making it the best annual performance in
history. The surge is driven by supply shortages, growing demand from high-tech industries, and the inclusion of silver on the US
list of critical minerals.
”, — write: unn.ua
DetailsThe jump in value was triggered by a combination of fundamental and investment reasons. The key factor was a supply deficit amid growing demand from high-tech industries: the construction of data centers for AI, the production of solar panels, and electric vehicles.
Gold hits seven-week high, silver sets record – Reuters12.12.25, 17:02 • 3826 views
The rally is currently largely driven by investment. It has a strong fundamental basis… but these prices are driven by investment and speculation.
An additional impetus was the official inclusion of silver in the US list of critical minerals. This decision transformed the metal from an investment asset into a strategic raw material for national security.
In addition to industrial demand, silver benefits from geopolitical tensions and trade wars, acting as a “safe haven” for capital alongside gold. On Wednesday, spot prices peaked at $66.87 per ounce.
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