Usman Salis
⬤ Silver made history by breaking through the $64 mark for the first time ever, extending what's already been an exceptional year for the metal. The 117% gain puts silver among the top-performing assets of 2025, with momentum showing no signs of slowing as the metal enters December on a strong note.
⬤ The climb from below $50 earlier this year has been steady and decisive, with silver establishing a clear pattern of higher highs throughout the rally. After consolidating several times along the way, the metal accelerated from the $60 level to reach its current record territory, driven by renewed buying pressure that's pushed prices into uncharted waters.
Silver's latest breakout underscores the persistent momentum across precious metals.
⬤ The breakout matters because it reinforces growing appetite for alternative stores of value at a time when silver has dramatically outperformed most major asset classes. With both retail and institutional buyers showing sustained interest, the metal's move to $64 could draw even more attention to the precious metals space as the rally continues to evolve.
Usman Salis
