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Silver Soars to Record $57.86 Amid Supply Crunch

12/1/2025

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Story summary
  • Silver prices rose over 2% to a record high of $57.86 an ounce, driven by supply tightness and rate-cut expectations.
  • The metal has doubled this year, while gold rose 60%.
  • An influx of silver into London eased a squeeze, impacting inventories, especially in Shanghai.
  • Investors added to exchange-traded funds (ETFs) as inflows rise.
  • Silver miners gained, and Chicago Mercantile Exchange (CME) disruptions affected futures and options contracts.