On October 17, 2025, the spot silver price reached an all-time high of US$54.48 per ounce, breaking a 45-year high of US$49.45 set on January 18, 1980 – the futures price also briefly hit US$50.35 on that day – as a direct result of the Hunt Brothers' attempt to corner the silver market. Moreover, as of October 20, the average silver price is up more than 80 percent year-to-date. The silver price has increased in 2025 due to a combination of factors, including surging investor demand, especially in exchange-traded products (ETPs), as silver is viewed as a safe-haven asset amid economic uncertainty and geopolitical ... (full story)