Spot silver has just surpassed $50 an ounce for the first time in history , marking a turning point for the precious metals market. Silver – Capital the “industrial cousin” of gold – is witnessing an unprecedented surge, continuing the bull run of safe-haven assets. According to data from Reuters, silver has reached a record high of about $49.6 an ounce , surpassing the historical peaks of 1980 and 2011.
The reason for this price increase comes from a combination of factors . First of all, the increase in gold , when global money flows seek safe assets in the context of economic and geopolitical instability. At the same time, the demand for silver in industry and green energy is skyrocketing - especially in the production of solar cells, electronic components and high technology , causing signs of shortage in physical silver supply. In addition, expectations of lower interest rates in the US and a weakening USD also contribute to promoting speculative money flows into precious metals.
Silver is now up more than 60% year-to-date , with double-digit gains in the past month alone. Analysts say that if this trend continues, silver could soon head towards new levels like $55-$60 an ounce , especially as demand from precious metal ETFs and institutional investors remains strong.
However, the hot rally also carries the risk of a correction . Silver is more volatile than gold, so if the market sees profit-taking or industrial demand declines, prices can fluctuate sharply. However, this time breaking the $50 mark is XEM as a signal of a new growth cycle , reflecting the growing Vai of silver not only in the investment sector but also in the global energy and technology transition .
