-
Silver Extends Record-Breaking Rally on Tight Global Supplies
Silver jumped to a fresh peak on Monday with traders placing speculative bets on ongoing supply tightness. Gold inched lower. The white metal rose as high as $58.23 an ounce after soaring almost 6% on Friday. It has climbed for six consecutive sessions and close to doubled in value this year, outpacing the roughly 60% rally in gold. A record amount of silver flowed into London in October to ease a historic squeeze in the world’s biggest trading hub for the metal, but this has put other centers under pressure. Inventories in warehouses linked to the Shanghai Futures Exchange recently hit the lowest in nearly a ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From msn.com | Dec 1, 2025
Gold prices rose to a six-week high on Monday, supported by growing expectations of U.S. interest rate cuts and a sliding dollar, while silver struck a record high ahead of key U.S. economic data. Spot gold was up 0.3% at $4,241.27 per ounce, as of 1:44 p.m. ET (1844 GMT), its highest since October 21. U.S. gold futures for February delivery settled 0.5% ...
From deriv.com | Dec 1, 2025
Gold and silver are breaking records in 2025 because structural demand, policy shifts, and real-world shortages have converged at the same time, pushing both metals to all-time highs. Gold has climbed nearly 60% this year to trade around $4,200 per ounce, after falling below $4,000 in late October/early November. 4000 has psychologically become a price ...
From parameter.io | Dec 1, 2025
Gold remained near its highest level in six weeks on Monday, trading at $4,240.55 per ounce after touching $4,256.20 earlier in the day. The metal posted a gain of more than 4% during the previous week. A weaker US Dollar Index, which fell to a two-week low, made gold more affordable for buyers using other currencies. Safe-haven demand also contributed to ...
