Silver updates all-time high, surpassing October record
30 November 2025 06:14
A new jump in the price of silver has been recorded on world markets. Quotes of the precious metal have exceeded the October peak, setting the highest level in recent months, "Komersant Ukrainian" reports with reference to the PB.
Analysts explain that the main factors behind the growth were the increased demand for “protective assets” in times of financial instability and the growth of industrial use of silver, from the production of solar panels to electronics. An additional incentive was the weakening of the US dollar and the expectation of new monetary policy decisions by the Federal Reserve.
Although silver is hitting record highs, the market remains volatile. In the event of a correction, the price may decline, but the long-term upward trend remains driven by industrial demand.
