Historic volatility in silver: down nearly 10% from the peak
Historic volatility in silver: down nearly 10% from the peak
Silver prices experienced notable volatility in the final week of the year. In early trading with thin liquidity, spot silver surged to near $84 per ounce, setting a fresh record, before retreating sharply as liquidity increased.
From peak to sharp pullback
Spot silver climbed to $83.97 before falling nearly 10% from its peak as trading volumes picked up, later hovering around $75.99.
What fueled the rally?
Silver delivered a strong performance throughout 2025, posting gains of nearly 160%, supported by supply concerns, steady industrial demand, and its inclusion on the U.S. list of critical minerals.
Profit-taking and geopolitical relief
The recent pullback was driven by a mix of profit-taking and easing geopolitical tensions following reports of constructive talks on a potential political settlement.
