Silver Price Nears $78 as Gold and Platinum Hit Records: What’s Driving the 2025 Precious-Metals Melt-Up
Spot silver surged past $75 per ounce on December 26, hitting a record high and rising as much as 7.6% to over $77 amid thin holiday trading. The metal is up about 158% year to date, outpacing gold, which also reached new highs near $4,530. Platinum climbed to a record near $2,448. Tight supply and strong demand, especially in China, fueled the rally.