Silver price today: SLV jumps 4% as spot silver rallies again in early 2026 trade
NEW YORK, January 2, 2026, 10:04 ET — Regular session iShares Silver Trust (SLV) rose $2.57, or 4.0%, to $66.99 in morning New York trading on Friday, the first U.S. session of 2026. Spot silver was up 3.4% earlier on Friday after hitting an all-time high of $83.62 on Monday, Reuters reported. “Bulls seem to be drawing strength from geopolitical risk and hopes of lower U.S. rates,” said Lukman Otunuga, senior research analyst at FXTM. Investors are pricing in at least two quarter-point Fed rate cuts this year, Reuters said, and the metal’s record 2025 gain was fueled by its