Silver cools off after record highs

Business Dec 05, 2025

Silver prices just took a breather, dropping over 2% and slipping below $57 an ounce after an eight-day winning streak.
Traders are locking in profits following a huge rally that nearly pushed silver to $59 earlier this week.
Gold also dipped slightly, following the same trend.

What's driving the moves?

Silver's value has almost doubled this year, thanks to supply squeezes—especially in London—and hopes that US interest rates might drop soon.
While more shipments have eased things in London, places like China are still facing tight supplies with inventories at decade lows.
All these twists keep silver (and gold) prices bouncing as traders react to shifting global trends.