Silver Approaches All-Time Highs

2025-11-13 04:34 By Jam Kaimo Samonte 1 min. read

Silver climbed toward $54 per ounce on Friday, marching toward an all-time high reached last month and bringing this week’s gains to more than 10%, as investors looked to hedge against global uncertainties with precious metals.

Those moves came even as the reopening of the US government allayed market concerns and triggered the release of a backlog of economic reports, though the White House noted that some October data may never be published due to agencies being unable to collect it during the shutdown.

Supply concerns also contributed, with India’s wedding season underway and fears of potential US tariffs on silver.

Last week, the US Department of Interior added silver, copper, and metallurgical coal to its “critical minerals” list, highlighting their importance to the economy and national security.

This designation provides the basis for potential Section 232 investigations and trade restrictions, as previously applied to copper earlier this year.



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