Silver on Fire: Prices Surge to 14-Year High – Historic Rally Explained
Current Prices & Short-Term Trends As of the first days of November 2025, spot silver is about $48–49 per ounce ts2.tech. This level is well above pre-October values (silver was in the low-$30s at the start of 2025), but still below its mid-October intraday peak (~$54.50). The past week’s action has been choppy: after briefly topping $54.5, silver corrected sharply. According to market reports, it plunged ~6% on Oct. 17 ts2.tech (its steepest one-day slide in months) as traders took profits. By Oct. 29, New York futures were around $47.82 reuters.com, rebounding modestly into the $48–49 range into Oct. 30