Silver Just hit $50 an Ounce, the Highest Price in Four Decades

Commodity

Summary:

Spot silver prices hit a record high $51 a troy ounce on Thursday, breaching the $50 threshold for the first time since 1980.

Silver prices have surged roughly 75% this year, boosted by investors seeking out safe havens, plus strong industrial demand and lingering supply deficits.

Spot silver prices hit a record high $51 a troy ounce on Thursday, breaching the $50 threshold for the first time since 1980.

Traders have turned to hard assets like gold and silver this year as safe investments and tools to hedge against geopolitical instability and economic uncertainty, from concerns about tariffs and inflation to worries about Federal Reserve independence and government debt burdens.

Silver has been on a tear, supported by momentum from gold’s record-breaking rally. The metal is considered a cheaper, alternative safe haven investment to gold, which just hit $4,000 a troy ounce for the first time ever.

“There’s just a lot of concern about the global economy, and when that happens, people turn to hard assets like silver,” Michael DiRienzo, CEO of the Silver Institute, previously told CNN. “Silver tends to follow gold upwards.”

A standout year for precious metals

While investor demand is driving up prices, silver also has widespread industrial uses, including in building data centers, solar panels and smartphones.

“Its dual role as an industrial metal and safe-haven asset has amplified the rally, making 2025 a historic year for silver,” Ewa Manthey, a commodities strategist at ING, said in an email.

There are also supply concerns that could underpin higher prices.

The silver market is in its fifth year of a structural supply deficit because of “stagnant mining output” lagging behind demand, according to Peter Grant, vice president and senior metals strategist at Zaner Metals.

“Strong and growing demand for silver, combined with a persistent supply deficit, is a recipe for higher prices,” Grant said in an email.

Gold prices have soared across the past two years, driven by investors diversifying into safe havens. Central banks decreasing reliance on the dollar and building reserves of gold also boosted prices.

The safe-haven rally has spread out to other precious metals like silver and platinum this year. Silver and platinum, which are up roughly 75% and 80% this year, respectively, are both outpacing gold, which is up roughly 51%.

Precious metals and bitcoin have also become beneficiaries of Wall Street traders and fund managers looking to protect against a weaker dollar.

Investors can get exposure to silver by buying bars or coins or investing in exchange-traded funds backed by silver. The iShares Silver Trust ETF has surged roughly 68% this year.

Inflows into silver ETFs this year are at their highest level since 2020, according to Marina Smirnova, chief investment officer at Sprott Asset Management.

“Silver’s steady climb is turning into a breakout,” Smirnova said. “Supply is thinning, and investors are taking notice.”

Source: CNN

Risk Warnings and Disclaimers

You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.

Risk Disclosure

The risk of loss in trading financial instruments such as stocks, FX, commodities, futures, bonds, ETFs and crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.

No decision to invest should be made without thoroughly conducting due diligence by yourself or consulting with your financial advisors. Our web content might not suit you since we don't know your financial conditions and investment needs. Our financial information might have latency or contain inaccuracy, so you should be fully responsible for any of your trading and investment decisions. The company will not be responsible for your capital loss.

Without getting permission from the website, you are not allowed to copy the website's graphics, texts, or trademarks. Intellectual property rights in the content or data incorporated into this website belong to its providers and exchange merchants.

Recent Searches

Top Searches

Markets

Analysis

User

24/7

Economic Calendar

Education