{"id":23055,"date":"2025-12-06T01:42:56","date_gmt":"2025-12-06T01:42:56","guid":{"rendered":"https:\/\/businesstriumphs.com\/index.php\/2025\/12\/06\/editors-picks-silver-price-smashes-all-time-high-nearly-hits-us60\/"},"modified":"2025-12-06T01:42:56","modified_gmt":"2025-12-06T01:42:56","slug":"editors-picks-silver-price-smashes-all-time-high-nearly-hits-us60","status":"publish","type":"post","link":"https:\/\/businesstriumphs.com\/index.php\/2025\/12\/06\/editors-picks-silver-price-smashes-all-time-high-nearly-hits-us60\/","title":{"rendered":"Editor\u2019s Picks: Silver Price Smashes All-time High, Nearly Hits US$60"},"content":{"rendered":"<\/p>\n

The final month of the year has begun, and it\u2019s definitely silver\u2019s time to shine. <\/strong><\/p>\n

The white metal has put on a record-setting performance that really began at the end of last week, when it broke through US$56 per ounce for the first time.<\/p>\n

Silver continued on up this week, passing the US$58 level and later breaching US$59.<\/p>\n

What\u2019s driving this big move? There\u2019s a lot going on, and I want to break it down in a couple of different ways. First, let\u2019s look at the white metal\u2019s more traditional drivers.<\/p>\n

Silver is impacted by many of the same factors as gold, and one point that\u2019s working in their favor is higher expectations for a December interest rate cut from the US Federal Reserve.<\/p>\n

While market participants were previously divided on whether another cut is coming, CME Group\u2019s (NASDAQ:CME) FedWatch tool now shows strong expectations for a reduction.<\/p>\n

<\/small><\/p>\n

Target rate probabilities for December Fed meeting. <\/em><\/p>\n

<\/small><\/p>\n

Chart via CME Group. <\/em><\/p>\n

Both metals also benefit from geopolitical turmoil, which has ramped up due to US-Venezuela tensions. And silver specifically has had various other elements in its corner recently \u2014 a supply squeeze in London helped boost the price in October, as did strong Indian demand.<\/p>\n

Chinese silver stockpiles are now also reportedly at low levels.<\/p>\n

But when it comes to silver\u2019s latest rise there\u2019s been a lot of talk about other factors that may be in play. When silver started moving at the end of last week, its increase coincided with a trading halt on the Comex. At the time, CME Group said in an X post that a \u2018cooling issue\u2019 at a CyrusOne data center located in a Chicago suburb was responsible for the outage.<\/p>\n

The problem took about 10 hours to resolve, and left market watchers questioning if there was more to the story, especially in terms of the connection to silver.<\/p>\n

Opinions vary, but a key point that\u2019s been mentioned by industry participants is that with Comex futures trading unavailable, the physical side of the silver market came to the forefront \u2014 the idea is that an entity or multiple entities were looking to stand for delivery, and perhaps the Comex was deliberately taken offline to remove that pressure from the market.<\/p>\n

There\u2019s a lot of speculation going on, and it\u2019s worth noting that not everyone thinks this type of behind-the-scenes activity is happening. I heard from Clem Chambers of aNewFN.com, who said these types of outages do happen from time to time, especially in hot markets. <\/p>\n

Here\u2019s how he explained it:<\/p>\n

\u2018What happened at the CME \u2014 it doesn\u2019t take a Bond villain to do that. It takes a bit more traffic than normal, something weird, some guy didn\u2019t show up for work, some update that wasn\u2019t checked properly. It\u2019s a myriad of reasons and it happens a lot. So don\u2019t get paranoid about evil forces. And of course it will absolutely go down when the market is a fast market \u2014 that is the pinch point.\u2019 <\/p>\n

This is a complex topic, and next week I\u2019ll be talking to experts like Peter Krauth of Silver Stock Investor and Gary Wagner of TheGoldForecast.com to get their thoughts as well. If you have any questions you\u2019d like me to ask, please drop a comment below.<\/p>\n

For now, I\u2019ll leave you with a few expert opinions on silver heading into 2026.<\/p>\n

I\u2019ve been asking guests to share their pick for next year\u2019s top-performing asset, and the white metal has definitely been a popular choice.<\/p>\n

Here\u2019s Brien Lundin of Gold Newsletter on why he chose silver:<\/p>\n

\u2018If I\u2019m looking at what would be the best, I would probably say silver and silver stocks \u2026 I would say that because I don\u2019t think \u2014 you know, silver leverages gold, and silver\u2019s playing catch up right now. Mining stocks leverage gold, silver stocks leverage silver. So you\u2019re adding leverage on top of leverage. So that would probably be my bet.\u2019<\/p>\n

Rich Checkan of Asset Strategies International is also most bullish on silver in 2026:<\/p>\n

\u2018In terms of price, value and appreciation, I think it\u2019s going to be silver. There\u2019s no question. We\u2019re not the end, but I think we\u2019re past (the) midway point, and we\u2019re probably going toward the late stages of a bull market \u2014 that usually favors silver, right? So I expect to see silver outpace gold at this point.\u2019 <\/p>\n

Finally, this is why Jay Martin of VRIC Media thinks the big money is in silver:<\/p>\n

\u2018The sure money is on gold, but the big money is on silver. And I think we\u2019re going to see that materialize in 2026, so if I had to pick one to go all in with the purpose of maximal return and accepting the risk, I\u2019m going with silver.\u2019<\/p>\n<\/div>\n

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.<\/strong><\/p>\n<\/p>\n

This post appeared first on investingnews.com<\/div>\n","protected":false},"excerpt":{"rendered":"

The final month of the year has begun, and it\u2019s definitely silver\u2019s time to shine. The white metal has put on a record-setting performance that really began at the end of last week, when it broke through US$56 per ounce for the first time. Silver continued on up this week, passing the US$58 level and […]<\/p>\n","protected":false},"author":0,"featured_media":23056,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-23055","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/23055","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/comments?post=23055"}],"version-history":[{"count":0,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/23055\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media\/23056"}],"wp:attachment":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media?parent=23055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/categories?post=23055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/tags?post=23055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}