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Silver Roars Higher as Short Squeeze Rocks the London Market
Silver hit the highest in decades as a historic short squeeze in London intensified, with a fresh surge in prices adding urgency to a worldwide hunt for bullion that could alleviate the mismatch between demand and supply. Spot silver climbed as much as 3.9% above $52 an ounce, exceeding last week’s peak, while gold surged to a fresh record above $4,115, building on a record-breaking run of eight weekly gains. Platinum and palladium also jumped amid signs that market stresses caused by surging investor demand are starting to spread to other precious metals. chart Concerns about a lack of liquidity in London drove ... (full story)
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Mike McGlone, Bloomberg Intelligence Senior Commodity Strategist, discusses silver's push higher as a historic short squeeze intensified in London. Silver hit the highest in decades, with a fresh surge in prices adding urgency to a worldwide hunt for bullion that could alleviate the mismatch between demand and supply. Spot silver climbed as much as 3.1% to ...
From fxstreet.com | Oct 13, 2025
Silver price (XAG/USD) attracts some buyers to near $52.60 during the early Asian session on Tuesday. The white metal has reached a fresh all-time high, surpassing its previous peak from 1980, as a historic short squeeze in London intensified. The rally in Silver price is bolstered by concerns over a depleting silver inventory in London, which drove prices ...
From msn.com | Oct 13, 2025
Silver prices rose to record highs Monday, driven by golds historic rally as investors rush to safe havens, and a massive liquidity squeeze in the London market. In afternoon European trade, silver futures in New York climbed 6.6% to $50.34 a troy ounce, while spot prices surpassed the $50 mark for the first time in more than four decades, rising 3.3% to ...