Deriv Broker - Silver Hits All-Time High 60$

[Forum Admin]

Deriv Broker - Silver Hits All-Time High 60$

 
Silver had smashed a significant milestone, surging past $60 per troy ounce to its highest level in history amid tightening supply conditions.

On December 10, 2025, spot silver (XAGUSD) hit a new all-time high above $61.61, soaring 112% year-to-date.
Silver’s record-breaking rally outperforms Gold’s 60% rise, the Nasdaq 100’s 21.5% gain, and the S&P 500’s 16% climb this year.

The stellar rally is fueled by rising expectations for a 25-basis-point (bps) rate cut by the Federal Reserve at its December meeting (scheduled for today at 19:00 Hours GMT).

Moreover, silver is becoming increasingly essential to the technological shifts reshaping the global economy.
Thanks to its unmatched electrical conductivity, superior thermal efficiency, and high optical reflectivity, silver remains a critical component across high-growth industries.

Notably, solar photovoltaic panels, electric vehicles, and expanding data centers are projected to drive silver consumption through 2030.

Trade Silver with industry-leading conditions -  Read Deriv Broker Review

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Silver: The precious metal with an industrial day job

Silver has a split personality that makes it fascinating for traders.

While it is a timeless precious metal used in jewellery and coins, it is also an industrial workhorse essential for smartphones, solar panels, and electric vehicles.

In this video, we explore how silver bridges the gap between wealth and innovation and why its dual role drives unique market opportunities.

Trade silver CFDs on Deriv and explore the possibilities behind every market move.
 

Trade Silver with industry-leading conditions -  Read Deriv Broker Review