17:30 - 10.12.2025

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December 10, Fineko/abc.az. Silver has updated its historical high, exceeding $61 per ounce.

ABC.AZ informs that according to Bloomberg, growth accelerated due to supply shortages and expectations that the U.S. Federal Reserve will ease policy and cut interest rates in December, which usually supports non-yielding metals.

Since the beginning of the year, silver has more than doubled in price, stronger than gold, amid historical shortages, high borrowing rates and low reserves in China. Additional growth was provided by inflows to exchange-traded funds backed by silver and the activation of option transactions.

Investors are also waiting for clarity on possible US tariffs on silver: after the metal is added to the list of critical ones, part of the reserves is held domestically, maintaining high levels in Comex vaults.