Silver Soars Past $50 to Record Highs in 2025 Rally – What’s Next for the “Poor Man’s Gold”?
Spot silver hit a record $54.50/oz this week before dropping to around $52 by October 17. The metal remains up about 70% year-to-date. Silver mining stocks and ETFs surged, with a global miners ETF up 148% in 2025. Analysts expect continued volatility, with HSBC forecasting prices between $45 and $53/oz through year-end.