Silver Price Today, December 5, 2025: XAG/USD Near Record Highs as Analysts Debate $60–$100 Outlook
Spot silver traded at $58.38 per ounce early Dec. 5, just below this week’s all-time highs above $59. The price has doubled in 2025, outpacing gold, amid record industrial demand and a fifth straight year of supply deficits. Major banks forecast 2026 prices between $50 and $65, with some analysts projecting possible spikes toward $100.