Silver traders hurry to send bars to London as unprecedented squeeze impacts market.
London’s Silver Market in Disarray Amid Short Squeeze (Bloomberg) — The silver market in London has been drastically affected by a significant short squeeze, pushing prices past $50 an ounce for only the second time ever. This situation has drawn parallels to the Hunt brothers’ infamous attempt to control the market back in 1980. Base […]
Unprecedented silver and gold prices boost sales at Pensacola coin shop
PENSACOLA, Fla. — Precious Metals Prices Hit Record Highs This week, spot silver prices surged to $51 per troy ounce, marking the highest level since 1980. Gold isn’t far behind, having climbed 54% since the year’s start, now valued at about $4,000 per troy ounce. Local coin shops are experiencing a surge in customers. Experts […]
Alternatives to gold? Ways to invest in silver, platinum, and palladium.
There’s a growing interest in precious metals these days. While gold has been the go-to for many investors, metals like silver, platinum, and palladium are stepping into the spotlight as great options for diversifying portfolios. Let’s break down how to approach investing in these metals in three straightforward steps. Precious metals are often categorized as […]
Silver prices reach record levels: Increased over 75% this year
The price of silver has been on a consistent upward trend in recent years. Recent monthly data indicates this precious metal just keeps gaining traction. As of October 9, the spot price for an ounce of silver sits at $51.26, marking an impressive rise of over 75% since the beginning of 2025. Silver Price Climbs […]
Silver reaches a multi-decade peak as interest in gold diminishes
Silver Prices Surge Past $50 On Thursday, silver prices soared to levels not witnessed in decades, surpassing $50 an ounce, while gold prices experienced a pullback after reaching record highs. Investors are gravitating toward these commodities, seeking safe havens amidst growing geopolitical and economic anxieties. Stock markets, in contrast, showed mixed results. Traders are grappling […]
Silver has reached $50 per ounce, the highest level in 40 years.
Silver Prices Surge Amid Investor Interest Gold isn’t the only precious metal experiencing significant rallies lately. This year, silver prices have escalated by around 75%. Factors contributing to this surge include a growing interest from investors looking for safe havens, alongside robust industrial demand and ongoing supply shortages. On Thursday, spot silver prices reached a […]
Silver reaches $50 per ounce for the first time due to geopolitical and economic concerns
On Thursday, silver prices surged past $50 an ounce for the first time, fueled by a limited supply and favorable conditions for precious metals in the economy. Spot silver exceeded $50 earlier in the day, even briefly climbing over $51 during the trading session before falling below $49 as trading began. This marks the closest […]
Taylor Swift dons a silver metallic dress on ‘The Tonight Show’
Taylor Swift’s Glamorous Promotion for “The Life of A Showgirl” Taylor Swift is embracing her glamorous new phase as she promotes her latest album during a press tour, channeling her “Life of A Showgirl” style. On Monday night, she appeared on “The Tonight Show Starring Jimmy Fallon,” and she certainly caught everyone’s eye in a […]
Adam Silver comments on the challenges during intense WNBA CBA discussions.
WNBA’s Labor Negotiations Under Scrutiny The WNBA finds itself in a state of confusion, while NBA commissioner Adam Silver expresses certainty that his labor contract is nearing its conclusion. Silver maintains an optimistic outlook as players have revolted against WNBA commissioner Kathy Engelbert, particularly after Lynx star Nafisa Collier criticized Engelbert during her end-of-season press […]
Silver Price Outlook: XAG/USD stays above $47.00 due to rising demand for safe investments.
Silver prices reached a new peak of $47.57 on Wednesday. Non-2 silver has been bought as recent US employment figures boost hopes for additional Fed rate cuts. US federal funds expired at 4:00 GMT on Wednesday, prompting government shutdowns. Silver Price (XAG/USD) is currently up by more than 1%, trading around $47.15 per troy ounce. […]