The precious metals market is currently experiencing a revival not seen in decades. Investors, seeking safe havens amid global economic uncertainty and rising inflation expectations, are increasingly directing capital towards gold, silver, and platinum. Riding this wave of strong demand sentiment, silver today reached its ATH of $50 per ounce.
The dynamic rise in prices indicates strong interest from both institutional and retail investors.
Additional support for the metal's prices, besides monetary policies of the central banks, comes from increasing industrial demand for silver. Among them is green energy, photovoltaics, and electronics. If the current trend continues, silver may permanently strengthen its position not only as an investment metal but also as a key strategic raw material for the modern economy.
Currently, there are no signs of a slowdown in the hyperbolic upward trend in the silver market. Momentum remains exceptionally strong, with little to no corrections.
However, a potential risk factor for the continuation of this bull market could be a sudden tightening of monetary policy by central banks. A sharp rise in interest rates or a reduction in liquidity in the financial system could exert pressure on precious metal prices, particularly in the short term, through the strengthening of the dollar and the outflow of some capital from non-interest-bearing assets.
Source: xStation5
Chart of the day: US100 (20.11.2025)
NVIDIA Beats Expectations: The AI Powerhouse Saving the Future
BREAKING: FOMC minutes - many against December cut!
Daily Summary: Market attempts recovery, all hope in Nvidia
The content of this report has been created by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, (KRS number 0000217580) and supervised by Polish Supervision Authority ( No. DDM-M-4021-57-1/2005). This material is a marketing communication within the meaning of Art. 24 (3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II). Marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest or any other advice, including in the area of investment advisory, within the meaning of the Trading in Financial Instruments Act of 29 July 2005 (i.e. Journal of Laws 2019, item 875, as amended). The marketing communication is prepared with the highest diligence, objectivity, presents the facts known to the author on the date of preparation and is devoid of any evaluation elements. The marketing communication is prepared without considering the client’s needs, his individual financial situation and does not present any investment strategy in any way. The marketing communication does not constitute an offer of sale, offering, subscription, invitation to purchase, advertisement or promotion of any financial instruments. XTB S.A. is not liable for any client’s actions or omissions, in particular for the acquisition or disposal of financial instruments, undertaken on the basis of the information contained in this marketing communication. In the event that the marketing communication contains any information about any results regarding the financial instruments indicated therein, these do not constitute any guarantee or forecast regarding the future results.
