Global Silver Ounce Price Surpasses $82 for the First Time
According to Russia’s TASS news agency, trading data on Monday showed that silver futures contracts for March 2026 delivery on the COMEX exchange (a division of the New York Mercantile Exchange) set a new record, surpassing $82 per ounce.
According to the report, as of 2:00 a.m. Moscow time on December 29, corresponding to 11:00 p.m. GMT on December 28, the price of the precious metal had risen by 6.16% to $81.95 per troy ounce.
By 2:05 a.m. Moscow time, silver prices accelerated further, climbing 7.09% to trade at $82.67 per troy ounce.
The report noted that the record-breaking rise in global silver prices occurred amid a combination of economic and financial factors.
In recent months, growing economic uncertainty, ongoing geopolitical tensions, and concerns over the trajectory of global economic growth have prompted investors to once again turn to precious metals as safe-haven assets.
At the same time, silver benefits not only from its traditional role as a safe haven but also from its significant position in modern industries. This dual role—as both a safe-haven asset and an industrial metal—has led to a sharper increase in demand for silver. / Tasnim
