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Silver bars are stacked in the safe deposit boxes room of the Pro Aurum gold house in Munich, Germany, January 10, 2025. Angelika Warmuth
Silver bars are stacked in the safe deposit boxes room of the Pro Aurum gold house in Munich, Germany, January 10, 2025. Angelika Warmuth
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Spot silver extends rally to hit $70 per ounce for first time

December 23rd, 2025 | 13:19 PM MARKETS European Markets 1

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European shares slip as oil prices and bond yields surge on Middle East fears
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European shares on track to snap 4-week rally as US-Iran tensions lift oil
European shares inch up as lower crude offsets geopolitical unease
By Reuters

Spot silver scaled $70 an ounce on Tuesday, driven by strong industrial and investment demand, tightening inventories, geopolitical tensions, and expectations of further U.S. rate cuts.

Silver prices were up 1.5% at $70.06 an ounce by 1314 GMT, after hitting an all-time high of $70.18/oz.

  • Topic
  • GLOBAL
  • PRECIOUS/SILVER (URGENT)
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