Silver Price Hits Record High amid Global Economic Fears

Silver price hits record high as economic uncertainty rises across global markets. Investors continue to move toward safe assets amid inflation fears.

Silver crossed the $75 per ounce mark for the first time in history. Reports confirm that gold and platinum also reached record-high levels.

The global silver price rose by 3.6 percent. It reached $74.52 per ounce after this increase.

This year, silver prices recorded a total rise of 158 percent. Prices almost doubled after the end of June.

Experts link this surge to strong demand from AI data centers. Electric vehicle production also increased silver usage. Investors also chose silver to protect against inflation.

According to foreign news agencies, spot gold prices rose by 0.6 percent. Gold reached $4,505.03 per ounce. Earlier, it touched a new peak of $4,530.60 per ounce.

Platinum prices also moved upward. In 2025, platinum prices increased by nearly 158 percent. Gold and silver saw their biggest yearly gains since 1979.

Market analysts say demand remains strong. Silver price hits record high as investors continue to seek stability in uncertain economic conditions.