Silver price today (15 December 2025) is back on the front page of global markets after last week’s record run. The white metal is trading in the low-to-mid $63 per ounce area—firmly higher on the day—supported by a softer U.S. dollar and easing Treasury yields as traders position ahead of key U.S. labor data. [1]
Just as important as the price itself is the message behind it: silver is behaving like a hybrid asset again—part precious-metal hedge, part high-demand industrial input—meaning it can move quickly when macro tailwinds and physical-market narratives align.
Silver price today: spot and futures levels on 15.12.2025
Silver’s pricing on December 15 has been notably dynamic, with different feeds reflecting different points in the day:
- Spot silver was reported up 2% to $63.23/oz by 06:56 GMT in a Reuters market update, still below Friday’s record high of $64.65/oz. [2]
- Earlier in the session, Reuters also had spot silver around $62.02/oz (01:19 GMT), underscoring how quickly the market firmed into the European morning. [3]
- Kitco’s live spot screen showed silver around $63.61 bid / $63.73 ask, with a quoted day’s range of roughly $61.51 to $63.74 at the time captured. [4]
- JM Bullion listed a live spot price near $63.99/oz at 03:49 AM ET, highlighting the strong day-over-day move. [5]
- On the futures side, silver futures were quoted around $63.895, with a reported daily range of $61.705 to $63.910. [6]
Taken together, the story is consistent: silver price today is holding above $63/oz, rebounding after profit-taking and volatility around last week’s record high.
What’s driving silver today: dollar softness, yields, and a data-heavy week
1) A weaker dollar and softer yields are back in the driver’s seat
Reuters highlighted the U.S. dollar hovering near a two‑month low and benchmark 10‑year Treasury yields edging lower, a combination that tends to support non-yielding metals like silver. [7]
2) The Fed’s recent cut is still rippling through metals
Markets are still digesting last week’s 25-basis-point Fed rate cut, delivered in a rare split decision, alongside signals that policy may pause as inflation remains sticky and the labor outlook uncertain. [8]
Lower-rate expectations matter for silver in two ways:
- They can reduce the opportunity cost of holding metals (no yield).
- They can weigh on the dollar, making USD-priced commodities cheaper for non‑U.S. buyers.
3) U.S. jobs data is the next near-term catalyst
Reuters pointed to U.S. non-farm payrolls due Tuesday, a key event risk that can swing yields, the dollar, and—by extension—precious metals. [9]
Today’s silver headlines (15 December 2025): news investors are watching
India opens the door to pension demand via gold and silver ETFs
One of the more structurally interesting developments today: Reuters reported that India moved to allow pension funds to invest in gold and silver ETFs, and ANZ suggested this could lift institutional participation by broadening the investor base. [10]
While this won’t necessarily move prices overnight, it matters because it speaks to the depth of potential long-term investment demand—especially at a time when silver is already attracting attention after a historic rally.
Supply chain strategy enters the silver conversation
A separate Reuters report said Korea Zinc plans to build a $7.4 billion smelter project in the U.S., producing metals including silver, with operations planned to start progressively from 2027. [11]
This is not an immediate supply fix—but it reinforces a key theme behind silver’s 2025 surge: governments and industry are increasingly framing metals supply chains as strategic.
Forecasts and analysis published today: where experts see silver heading next
Silver’s rally has also sparked a wave of same-day technical analysis and near-term forecasting. Here’s what major market commentary published on December 15, 2025 is emphasizing.
Technical picture: bulls in control, but volatility remains high
FXEmpire (Dec 15, 06:31 GMT) described silver as stabilizing near $62.65, with upside targets at $63.80 and $65.55—as long as support near $61.45 holds. [12]
That framing captures the market’s current tug-of-war: strong trend structure, but a need to digest sharp gains.
Channel traders eye $65–$67 if support holds
FXLeaders (Dec 15) focused on silver trading near $63.28 inside a rising channel and laid out a clear set of levels:
- Support:$61.80, then $60.15
- Resistance:$65.85, then $67.30 [13]
In other words: the bullish roadmap many traders are watching is a hold above ~$62, followed by a push back toward the highs—and potentially beyond.
Investing.com: “Strong Buy” signals, with some indicators flashing “overbought”
Investing.com’s Silver Futures Technical Analysis showed a “Strong Buy” summary on December 15, with multiple indicators aligned bullishly, while also flagging some overbought readings (for example, StochRSI and Williams %R showing overbought conditions). [14]
That mix is important: it suggests trend strength, but also supports the case for consolidation or sharp pullbacks even within a broader uptrend.
Cycle and resistance analysis: $64.80–$65.20 highlighted as a key zone
An Investing.com analysis piece published today framed silver’s move around cycle behavior and pointed to a resistance “arc” in the $64.80–$65.20 region, with other referenced levels clustering around the low $60s and upper $50s depending on the scenario. [15]
Whether or not you follow cycle models, it’s notable that this zone sits close to where many classic technical tools would also focus attention: near recent highs and psychologically significant “mid‑$60s” territory.
Saxo: Friday’s pullback looked sharp, but silver still ended the week strong
Saxo Bank’s “Market Quick Take” dated December 15 highlighted a sharp peak-to-trough pullback on Friday from near $64.5, but said silver still ended the week up and bounced in the Asian session to trade around $63.2, underpinned by demand for hard assets and a tight supply backdrop. [16]
DailyForex: momentum points to another test of the highs
DailyForex’s December 15 market note said precious metals were rising strongly and that silver might test its record high made last week, reflecting the broader momentum tone across the complex. [17]
Risks and downside scenarios: what could knock silver off its perch?
Even on a strong day, today’s coverage flagged real risks.
1) Tariff-related surprises could change the “tightness” narrative
Reuters reported that ANZ warned of potential downside risks tied to the possibility of a U.S. tariff exemption that could ease perceived supply tightness, alongside stretched valuations versus gold that could encourage rotation. [18]
2) “Overbought” signals can matter—especially in silver
Silver is historically more volatile than gold. When technical dashboards flash “strong buy” and “overbought” simultaneously, markets can still rise—but they can also snap back fast on profit-taking. [19]
3) The U.S. jobs report can move the whole macro stack at once
A hotter-than-expected payrolls report could lift yields and the dollar, pressuring metals—while a weaker report could do the opposite. Reuters explicitly noted the market focus on upcoming payrolls as a policy and pricing catalyst. [20]
What to watch next: the levels and events that matter this week
Silver’s near-term roadmap is unusually clear because so many analysts are clustering around similar zones:
- Support to watch: ~$61.45–$61.80 (frequently cited as a line that keeps the bullish structure intact) [21]
- First upside targets: ~$63.80–$65.55 [22]
- Major resistance/“breakout” area: mid‑$65s into ~$67 [23]
- Macro catalyst: U.S. non-farm payrolls (Tuesday) [24]
If silver decisively reclaims the area near last week’s highs, the next phase could quickly become a debate about whether this is a “blow-off” or a new, higher plateau—especially with ongoing attention on inventories, industrial demand, and policy.
Bottom line: silver price today is strong—and the market is still hunting for the next leg
On December 15, 2025, silver is once again acting like one of the market’s most important macro-and-industrial bellwethers: it’s higher on dollar softness and lower yields, still digesting last week’s record, and drawing an unusually dense set of bullish (but volatility-aware) forecasts that cluster between $65 and $67 as the next key test. [25]
Note: This article is for informational purposes only and is not investment advice.
References
1. www.reuters.com, 2. www.reuters.com, 3. fixedincome.fidelity.com, 4. www.kitco.com, 5. www.jmbullion.com, 6. www.investing.com, 7. www.reuters.com, 8. www.reuters.com, 9. www.reuters.com, 10. www.reuters.com, 11. www.reuters.com, 12. www.fxempire.com, 13. www.fxleaders.com, 14. www.investing.com, 15. www.investing.com, 16. www.home.saxo, 17. www.dailyforex.com, 18. www.reuters.com, 19. www.investing.com, 20. www.reuters.com, 21. www.fxempire.com, 22. www.fxempire.com, 23. www.fxleaders.com, 24. www.reuters.com, 25. www.reuters.com
