Silver Hits All-Time High as London Squeeze Sparks Market Havoc
- Silver prices soared above $52.50 an ounce due to a historic short squeeze in London, as stated by Goldman Sachs Group Inc.
- Gold reached another record high, building on eight consecutive weeks of gains, amidst surging demand for safe-haven assets.
- Bank of America Corp. raised its silver price target for the end of 2026 to $65, citing persistent market deficits and lower interest rates.
42 Articles
42 Articles

Silver roars higher on short squeeze as gold rallies to record
Silver prices surged to near $52 an ounce, their highest in decades, driven by a historic short squeeze in London and strong investor demand for precious metals. Gold also hit a record high above $4,068 an ounce, extending its eight-week rally, while platinum and palladium joined the broad-based upswing.
Silver Hits All-Time High Of $52, Driven By Silver ETF Frenzy, Festive Demand
Silver prices hit an all-time high of $52.50 per ounce, as a short squeeze in London added momentum the rally, according to Bloomberg. The record run of these metals have been fueled by the surging demand for safe-haven assets. Gold also climbed to another record high, adding on the eighth weel of straight gains.
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