Silver has surged with remarkable force, blasting to fresh record highs and reshaping market sentiment in the process.
Recent trading sessions have seen prices vault past previous milestones, climbing above $108 per ounce and even approaching the $109 mark as safe‑haven demand intensifies amid global uncertainty.
This dramatic meteoric ascent follows weeks of accelerating momentum, with technical indicators showing a firmly bullish structure and widening gaps between key moving averages.
Analysts note that silver’s rally has outpaced many other commodities, fuelled by its dual role as both a precious metal and an essential industrial input.
Industrial sectors—from photovoltaics to electric vehicles—are feeling the pressure as soaring prices push material costs sharply higher.
In some cases, silver now represents more than 30% of total solar module expenses, underscoring the far‑reaching impact of this surge.
With supply constraints tightening and investor appetite growing, silver’s explosive rise shows little sign of slowing down.