Silver price breaks $100: what’s driving XAG/USD — and what could knock it back
Spot silver shot past $100 an ounce on Friday, last trading 5.1% higher at $101. Gold meanwhile climbed to a record $4,988. Silver has jumped roughly 40% in 2026 after soaring 147% last year, while the gold-to-silver ratio shrank to about 50 from 105 in April. StoneX analyst Rhona O’Connell called it “a self-propelled frenzy.”
