Silver breaks $80 as Musk warns manufacturers amid year-end surge
NEW YORK, December 28, 2025, 20:08 ET Spot silver crossed $80 an ounce for the first time late on Sunday, setting a fresh record as a year-end rally in precious metals accelerated. Reuters+1 The sharp move matters for manufacturers because silver is used across industrial supply chains, including electronics and electrification that underpin solar panels, electric vehicles and data centres. The Guardian The rally is also landing as traders position for further U.S. Federal Reserve rate cuts in 2026 and China prepares new rules governing silver exports for 2026-27. Reuters+2The Business Times+2 Spot silver — the price for immediate delivery