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Silver hit record highs in 2025 — here's why the 'Devil’s metal' could have further to run
Silver, often nicknamed the 'Devil's metal' because of its volatility, has reached record highs this year and still has further to run despite a supply crunch, according to experts.
The metal's growth value has been running alongside gold's, which has seen its own rally with the price surging past $4,000 an ounce this year.
Silver prices reached a historic peak of $57.16 per troy ounce in late November, marking a 90% increase year-on-year. They've since pared back gains somewhat, but are now growing again, despite low supply levels.
"Some people were having to transport silver by plane rather than on cargo ships to meet delivery demand," Paul Syms, head of EMEA ETF Fixed Income and commodity product management at Invesco, told CNBC.
Silver Bullion Hits $55 Record as Comex Re-Opens from Outage
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SILVER BULLION leapt to fresh all-time high prices everywhere on Friday, breaking above $55 per ounce in London as trading in New York's Comex futures and options re-opened after a technical problem shut the world's most valuable derivatives exchange, the CME.
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