$AXS
AXSUSDT
Perp
2.799
+7.73%
Silver has indeed reached historic heights.
PAXGUSDT
Perp
5,030.25
+2.08%
As of January 23, 2026, $XAG
XAGUSDT
Perp
103.97
+6.09%
spot silver recently peaked at a record $96.90/oz, with some markets seeing trades near your $98.50 figure. This represents a staggering ~38% surge this month alone.
Gold is following suit, hitting an all-time high of $4,865/oz. Analysts cite a "perfect storm":
Geopolitics: Fears of a U.S.-Europe trade war over Greenland.
Supply: A fourth year of global silver deficits.
Industrial Demand: Record solar and Al infrastructure needs.
With silver nearing $100 and gold eyeing $5,000, the "Sell America" trade is gaining significant momentum.