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Silver Just Hit $50 an Ounce, the Highest Price in Four Decades
Silver’s price surge is driven by a 75% year-to-date increase amid supply deficits, investor demand, and mining disruptions, marking the highest level since 1980.
- On Thursday, spot silver reached $49 per ounce, marking its highest level since April 2011 and a milestone after over 14 years.
- Supply shortages and stronger demand pushed prices as a persistent supply deficit and investors viewing silver as a hedge fueled the rally this year, analysts say.
- ETF flows accelerated, led by the iShares Silver Trust , as futures traders battled short positions amid heavy activity and Freeport-McMoRan's last month force majeure at the Grasberg mine restricted supply.
- With prices up sharply year-to-date, market participants are recalibrating positions as retail and small-cap investors face opportunity and volatility amid a 75% year-to-date surge.
- The episode evokes the Hunt brothers' 1980 market pressure, recalling Nelson Bunker Hunt and William Herbert Hunt's attempt to corner silver, while analysts say the imbalance could sustain prices into 2026 as 2025 marks a fifth consecutive supply deficit.
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The silver rose to 2.3%, surpassing 50 d lars the ounce, its highest level since the crisis of the Hunt brothers in the 1980s.
·Mexico City, Mexico
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Silver spreads a rebound that has raised its price by more than 70% so far this year, surpassing the record gold rally. Read more
·Buenos Aires, Argentina
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Total News Sources25
Leaning Left4Leaning Right3Center5Last UpdatedBias Distribution42% Center
Bias Distribution
- 42% of the sources are Center
42% Center
L 33%
C 42%
R 25%
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