Silver has been the star of the holiday season, climbing past $72 an ounce and delivering a rally that’s unlike anything seen in recent decades.
Impressive Price Gains
By the end of December, silver was up almost 150% year‑to‑date. In the past 12 months it’s jumped 138%, with gains of 99% in six months, 59% in three months and 39% in the last month.
Silver Beats Big Tech in Value
With a market value of about $4.06 trillion, silver now ranks as the world’s third‑largest asset, nudging past Apple and Alphabet. Only gold and Nvidia remain ahead.
What’s Fueling the Surge?
- Geopolitical tension, especially the crisis in Venezuela, is boosting safe‑haven demand.
- Investors expect the U.S. Federal Reserve to keep cutting rates through 2026, which supports non‑yielding assets like silver.
- Strong industrial demand from electric‑vehicle production, solar panels, electronics and medical devices.
- Large purchases by central banks and steady inflows into silver ETFs.
Technical Snapshot
Analysts note that $72 per ounce is a key resistance level. Some suggest taking profit now, expecting a pull‑back to around $68, while others see the next target near $75 if the uptrend continues.
What It Means for You
For retail investors, the rally shows that silver can offer both a hedge against uncertainty and exposure to growing industrial sectors. However, rapid price moves also mean higher risk, so consider your risk tolerance before jumping in.
Disclaimer: This is an overview, not a recommendation. Always do your own research or consult a financial advisor before making investment decisions.