Silver Rockets to Record Highs Above $52/Oz Amid Global Shortage and Safe-Haven Rally
Key Facts: – Price (Oct 14, 2025): Silver was trading near $52.6 per ounce, an all-time high, breaking January 1980 recordsscmp.com. – Year-to-Date Gain: Silver has surged roughly 70% in 2025, far outpacing goldreuters.commining.com. – Recent Breakouts: The metal set successive records in early October: ~$49.57 (Oct 8)reuters.com, ~$51.22 (Oct 9)reuters.com, and ~$51.70 (Oct 13)reuters.com, culminating around $52.59 by Oct 14scmp.com. – Supply Crunch: A historic shortage of physical silver in London is driving the rally. Traders report COMEX longs are out by 220 million ounces, and London lease rates spiked (~30–39%) as inventory tightenseconomictimes.indiatimes.commoneycontrol.com. – Market Drivers: A “perfect