Silver at Record Highs

2026-01-13 14:02 By Felipe Alarcon 1 min. read

Silver climbed to above $87 per ounce for the first time on Tuesday after US inflation data signaled softer price pressures and reduced the near term risk of tighter policy.

December headline CPI held at 2.7% while core CPI remained at 2.6% the lowest since 2021 with a softer monthly core print that came in below expectations and eased fears of a persistent reacceleration in inflation.

That inflation signal helped lift demand for precious metals as investors priced a more benign policy path for longer.

Buying was amplified by headline driven safe haven flows after news of a DOJ inquiry tied to Fed Chair Powell and President Trump’s announcement of a 25% tariff on countries trading with Iran.



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