Silver Price Forecast: Record $60+ Rally Hits $64.64, Then Pulls Back — What’s Next for XAG/USD? (Dec 8–14, 2025)
Silver hit a record $64.64 per ounce on Dec. 12, 2025, after breaking above $60 earlier in the week, then pulled back as traders took profits. The surge followed a Federal Reserve rate cut, tightening global supply, and strong industrial demand. Silver ended the week up nearly 5%, with prices up about 112% for the year. Indian futures also hit record highs before correcting.