Silver Price Today at 1:38 PM ET (December 22, 2025): XAG/USD Near Record High as Fed-Cut Bets and Geopolitics Fuel a Historic Rally
Spot silver hit a record high near $69.44 per ounce Monday before retreating to the high-$68s by 1:38 p.m. ET. Prices are up about 139% year-to-date, outpacing gold. The rally follows renewed U.S. rate-cut expectations, a weaker dollar, and increased safe-haven demand amid geopolitical tensions. Intraday trading has been volatile, with a range from $67.17 to $69.45.