Silver has risen by almost 100 percent since the beginning of this year, hitting successive record price levels. The increase is driven both by fundamental factors, such as limited metal supply and strong industrial demand, and by macroeconomic conditions. The expected interest rate cut in the US, a weaker dollar, persistent inflation, and geopolitical tensions are increasing demand pressure on silver as a safe-haven asset.
Market structure further amplifies price movements. Capital inflows into ETFs and limited market liquidity mean that any large transaction can significantly impact prices. Record-low silver inventories in China constrain global supply and support further gains, while a high gold-silver ratio highlights silver’s relative performance compared to gold.
Currently, silver has surpassed the $56 per ounce level, setting new records and reflecting the market’s sensitivity to both fundamental and macroeconomic factors.
Source: xStation5
Wall Street extends gains; US100 rebounds over 1% 📈
Politics batter the UK bond market once more, as Starmer remains under pressure
Takaichi’s party wins elections in Japan – a return of debt concerns? 💰✂️
Crypto news: Bitcoin falls below $70k 📉Will crypto slide again?
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
