Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Markets>
Spot silver reaches record high of $51 per ounce

Spot silver reaches record high of $51 per ounce

Cryptobriefing2025/10/09 17:54
By: Cryptobriefing

Key Takeaways

  • Spot silver hit an all-time high of $51 per ounce, highlighting its strength as both an industrial and investment asset.
  • Silver is outperforming traditional safe-havens like gold and modern alternatives like cryptocurrencies in 2025.

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.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

BNB Chain Welcomes $3.8B Institutional Fund from China Merchants Bank Affiliate

Asia-Pacific's Leading Money Market Fund Now Tokenized for Accredited Investors with Real-Time On-Chain Settlement

Coineagle2025/10/16 16:57
LuBian Wallet Moves $1.1B BTC After 3 Years
coinfomania2025/10/16 16:39

Trending news

More
1
BNB Chain Welcomes $3.8B Institutional Fund from China Merchants Bank Affiliate
2
Retail Traders Now Dominate Bitcoin Futures as Order Size Shrinks to $2,000

Crypto prices

More
Bitcoin
Bitcoin
BTC
$108,636.57
-1.73%
Ethereum
Ethereum
ETH
$3,935.91
-0.35%
Tether USDt
Tether USDt
USDT
$1
+0.01%
BNB
BNB
BNB
$1,152.1
-1.03%
XRP
XRP
XRP
$2.39
-1.52%
Solana
Solana
SOL
$190.48
-3.00%
USDC
USDC
USDC
$0.9998
-0.01%
TRON
TRON
TRX
$0.3202
+1.57%
Dogecoin
Dogecoin
DOGE
$0.1928
-2.33%
Cardano
Cardano
ADA
$0.6605
-1.12%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter