Silver has officially crossed $100 an ounce for the first time ever. After years in the $20–$30 range, spot silver surged to highs near $100.19–$100.29 before a slight pullback. This move marks a major record-breaking moment, surpassing the highs from the late 70s and early 80s.
What’s Driving the Rally?
Massive industrial demand from solar, EVs, and AI data centers
Chronic global supply deficits
Investors moving into hard assets amid fiat instability
Gold rallying toward $5,000, pulling silver higher
Geopolitical uncertainty boosting safe-haven demand
For long-term holders from the $25–$30 range, this is a major vindication. Physical silver premiums are also rising sharply, reflecting real demand.
Question for the market:
Is this a continuation to new highs or a sharp pullback ahead?
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