Wednesday 08/October/2025 – 10:41 PM
Recorded prices Silver A record rise in spot transactions today, Wednesday, following the impact of the rise of gold, which exceeded the level of $4,053 per ounce, recording its highest level ever earlier in the session.
A record high for silver, with gold rising to its highest historical level
According to market data, the price of silver in spot transactions reached $49.54 per ounce, rising by 3.5% by 16:11 GMT.
Analysts point out that silver may constitute an alternative opportunity for investors in light of the recent movements of the yellow metal, anticipating continued activity in the market amid global price fluctuations.
Historical background of the price of silver
The current global price of silver, which is $49 per ounce, is the highest since 2011, when silver touched the threshold of $50 per ounce for the second time in its history, having first reached this level in 1980 during the Hunt brothers’ famous attempt to monopolize the market.
Silver performance in September 2025
The month of September 2025 witnessed a noticeable rise in silver prices, driven by several factors, most notably:
- The US government shutdown continues.
- Growing political uncertainty in France and Japan.
- High expectations of global monetary easing.
- The growing trend towards safer alternative assets.
- Factors supporting the rise of silver
The Safe Haven Center report confirmed that there are a group of factors that support the rise in silver prices, including:
- The US dollar fell.
- Expectations of US interest rate cuts.
- Central bank purchases.
- Geopolitical tensions.
- Concern about the weakness of paper currencies.
Silver is characterized by a double specificity, as it is classified as a precious and industrial metal at the same time, which makes it directly affected by both investment and industrial demands.
