Silver Prices 9 October 2025 - 19 December 2025

Silver is cooling off after an explosive run to fresh records this week, with profit-taking and a softer-than-expected U.S. inflation print reshaping the day’s trade. As of 4:14 PM ET on December 18, spot silver was $65.61 per ounce, down $0.76 on the day, according to JM Bullion’s live spot pricing. JM Bullion That late-day pullback came after silver briefly traded closer to the mid-$66 area earlier Thursday before sliding, as traders digested fresh macro data and repositioned ahead of the next stretch of central-bank and economic catalysts. Reuters+1

India’s bullion markets turned white-hot on Thursday, 11 December 2025, as silver prices smashed fresh lifetime highs and gold extended its rally, powered by a global wave of optimism after the US Federal Reserve delivered yet another interest rate cut. From Multi Commodity Exchange futures to physical markets tracked by the India Bullion and Jewellers Association, silver prices logged sharp, broad-based gains in just 48 hours, while gold quietly moved higher alongside. Jagran+2livehindustan.com+2

Silver’s extraordinary 2025 rally is pausing for breath. After punching through a series of all‑time highs above $58 and even briefly over $59 an ounce this week, the white metal is trading slightly lower today but still near historic territory. As of early U.S. trading on Thursday, December 4, 2025, major bullion platforms show silver holding just below its recent peaks:

Dateline — November 13, 2025. Silver was volatile on Thursday, briefly pushing back above $54 per ounce before retreating alongside a broader risk sell‑off late in the New York session. By 2:16 p.m. ET, spot silver traded at $52.18/oz, down about 2.3% on the day, after touching its highest level since mid‑October earlier in the session. Analysts framed the reversal as a classic “buy the rumor, sell the news” move after Washington formally ended the record U.S. government shutdown. Reuters At a glance

Gold and silver have been on a record-breaking tear in 2025. Gold entered the year around $2,800 and by October blasted past the $4,000/oz milestone – an unprecedented level ts2.tech ts2.tech. On October 7–8, spot gold surged to an all-time high near $4,078 before settling around $4,038 by Oct. 9 ts2.tech reuters.com. This ~53% year-to-date jump is gold’s steepest annual gain since 1979 reuters.com, vastly outpacing equities ts2.tech. “$4,000 an ounce seemed far-fetched at the start of the year… but after a ~50% rally, here we are,” noted one investment analyst, reflecting widespread amazement at gold’s ascent ts2.tech. Silver’s performance has been even more astounding. The white metal started 2025 in the low $30s and by early October catapulted to roughly $48–50/oz, a level unseen in 14 years ts2.tech ts2.tech. On Oct. 9, silver touched the $50 mark for the first time, effectively hitting a nominal record high reuters.com reuters.com. Prices at this level represent a 60–65% gain in 2025 ts2.tech reuters.com. The gold–silver ratio tightened to ~82, its lowest in a year, as silver played “catch up” after lagging gold in prior years ts2.tech ts2.tech.