One of the key precious metals has risen in price on the global market

Сергей Мацера Economy / Exclusive
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One of the key precious metals has risen in price on the global market

On the Comex commodity exchange, which is part of the New York Mercantile Exchange, silver prices have reached a record high, surpassing $75 per troy ounce. This is evidenced by the latest trading data.

In the morning hours of December 26, March futures for this precious metal rose by 4.25%, reaching $74.73 per ounce. During trading, contracts hit a maximum price of $75.22, marking a historic record.

According to information provided by Reuters, since the beginning of 2025, the price of silver has increased by 142 percent. This is attributed to a supply shortage, high industrial demand, and an influx of investments. Analysts note that the rise in silver prices is due to investors seeking safe assets amid global instability and declining interest rates.
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