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Silver Roars Higher as Short Squeeze Rocks the London Market
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 near $52 an ounce, exceeding last week’s peak, while gold surpassed $4,070 an ounce, building on a record-breaking run of eight weekly gains. Platinum and palladium also surged, amid signs that market stresses caused by surging investor demand are starting to ...
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From finance.yahoo.com | Oct 13, 2025
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, ...
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 gold’s 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 ...
