SILVER'S HOT STREAK GATHERS PACE; MARKET AT HIGHEST SINCE 2011 (Reuters) Silver prices surged to their highest in almost 14 years on Wednesday, aided by worries about U.S. tariff policy, signs of tightness in the spot market and growing investor interest in alternatives to gold. https://t.co/te9kZYmPBj
$SLV continuing to rip into the blue sky Need $GLD to catch up https://t.co/8HuF3FbUAx
Spot silver $39.50 https://t.co/4H3S6m0F3G
Silver prices surged to their highest level in nearly 14 years on July 23, 2025, reaching around $39.50 per troy ounce. This rally marks the strongest price point since 2011, driven by concerns over U.S. tariff policies, indications of tightness in the spot silver market, and increased investor demand for alternatives to gold. Exchange-traded funds such as SLV and PSLV have experienced notable gains amid this upward trend. Market participants are closely watching whether silver prices will surpass the $40 per troy ounce threshold, reflecting ongoing bullish momentum in the precious metals sector.