Silver Price Today (December 7, 2025): Record Highs Near $59, Fed Cut Bets and the 2026–2030 Outlook
Silver is closing out 2025 in explosive fashion. As of Sunday, 7 December 2025, spot silver (XAG/USD) is trading just below recent record highs, hovering in the $58–59 per ounce zone after a week of powerful gains driven by expectations of U.S. Federal Reserve rate cuts, a weaker dollar, and deepening supply shortages.Investing.com+1 Over the past year, silver has climbed roughly 90–100%, with market data showing a one‑year gain of about 88% on major FX platforms and news outlets noting that 2025 is silver’s strongest year since 1979.Investing.com+1 Below, we break down today’s silver price, the drivers behind the breakout,