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Silver Prices Soar to Record High Amid Supply Shortages

10/14/2025

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Story summary
  • Silver prices surged to a historic high, exceeding $51 per ounce.
  • Demand from electric vehicles and electronics, plus geopolitical uncertainty and supply shortages, drove the rally.
  • Supply issues emerged in London as the price rose.
  • Kotak Mutual Funds and State Bank of India (SBI) mutual funds halted new subscriptions to their Silver ETF Fund of Fund.