Robust investment demand for silver, its inclusion on the US critical minerals list, and a wave of momentum buying have propelled the white metal to a fresh record high, setting prices up to close out 2025 at more than double the level at which they began. Silver, which surpassed the $65 per ounce threshold for the first time on Wednesday, has gained more than 120% this year and is poised for its best annual performance on record per LSEG data, which dates back to 1982. The metal is outperforming safe-haven gold, which is on track to climb 64% in 2025. Spot prices hit a record high of $66.87/oz on Wednesday. ... (full story)