Precious Metals Rally: Silver Soars to Record High
Silver prices surged about 9% on Friday, December 26, 2025, reaching a fresh all-time high of approximately $78.53 per ounce in global markets, according to Reuters. The sharp gain marks another milestone in what has been a historic rally for the white metal.
Reuters
Silver’s rise came as part of a broader surge across the precious metals complex, with other key metals hitting new records:
Gold climbed to an all-time high of about $4,549.71 per ounce.
Reuters
Platinum jumped around 10% to approximately $2,454.12 per ounce.
Reuters
Palladium soared more than 14% to around $1,924 per ounce.
Reuters
What’s Driving the Rally
Analysts point to a mix of supply constraints and surging demand across both investment and industrial sectors:
• Market Supply Deficit: Persistent silver supply shortages have tightened available inventories, underpinning upward price pressure.
• Industrial Demand: Silver’s critical role in electronics, renewable energy technologies (especially solar panels), and electric vehicles has boosted demand significantly.
• Safe-Haven and Investment Flows: Expectations of U.S. Federal Reserve interest rate cuts in 2026, a weakening dollar, and heightened geopolitical tensions have pushed investors toward precious metals as hedges against uncertainty.
• Momentum and Speculation: Market momentum and growing participation by both institutional and retail investors have amplified gains, contributing to frenetic trading activity.
AInvest
AInvest
Edge-Forex
Reuters
These forces have propelled silver’s year-to-date performance to well over 150%, far outpacing gold and other traditional financial assets in 2025.
The Times of India
Domestic Impact: India’s Bullion Market
In India’s domestic bullion markets, silver futures also reached record highs, with prices touching historic levels in local currency terms, reflecting strong global cues and local investor sentiment.
The Times of India
Outlook
Market analysts suggest that if the current trend continues driven by industrial demand growth, ongoing supply deficits, and macroeconomic uncertainties precious metals could remain elevated into 2026, though volatility is expected.
Edge-Forex
Aaron Joyce, Newswire, L.T.T Media; Newsdesk; 27 December 2025