Spot silver reached a record high of $51 per ounce today, marking a significant milestone for the precious metal that serves as both an industrial input for green energy technologies and a safe-haven asset amid economic uncertainties.
Silver is outperforming other assets like gold and crypto assets in 2025, fueled by industrial consumption and safe-haven buying during periods of market volatility.
Rising global demand for silver is driven by its critical role in solar energy production and electric vehicle manufacturing, contributing to ongoing supply deficits.
Analysts forecast silver’s endorsement in financial systems following recent price breakouts, as the metal experiences heightened investor interest as a monetary asset.