Silver Blasts to Record Above $62 After Fed Cut as ‘Devil’s Metal’ Sparks Talk of $100
Spot silver hit a record $62.88 per ounce on December 11, up about 115% for 2025 after the U.S. Federal Reserve cut rates. In India, MCX silver futures surged over 120% year-to-date to ₹1,93,452 per kilogram. The gold–silver ratio dropped to a multi-year low near 68. Analysts are now debating whether silver could reach $100 an ounce.