Precious Metals 13 November 2025 - 28 November 2025

Spot silver traded around $51.41 per ounce late Monday, up about 2.3% on the day, with futures rising 1.15% to $50.30. Silver has gained roughly 9% in the past month and 68% year-on-year. Traders cited rising expectations of a December Federal Reserve rate cut and falling US bond yields as key drivers.

Spot silver traded near $50 per ounce on November 23, down about 1% from Friday’s close and roughly 8% below October’s record high above $54. COMEX futures last changed hands around $49.66, after an intraday range of $48.05 to $50.56. In India, prices held between ₹1.6 lakh and ₹1.9 lakh per kilogram in major cities.

Spot silver traded near $52.9 per ounce early Friday, up about 1% from Thursday’s close. Prices ranged between $52.4 and just above $53.5, according to major bullion dealers. Silver remains close to last month’s all-time high of $54.48, following sharp swings since October. Analysts cite U.S. dollar weakness and recent macroeconomic data as factors behind today’s gains.

Spot silver traded near $54 an ounce Thursday, up about 1% and close to last month’s record. December COMEX futures briefly touched a new high of $54.42. Prices rose after President Trump signed a bill ending the U.S. government shutdown, fueling bets on a December Fed rate cut and pushing metals higher. Persistent tightness in the London market and momentum from October’s breakout continued to support silver.