How silver prices moved from $29 to over $100 in a year - News Summed Up

How silver prices moved from $29 to over $100 in a year


Business News of Monday, 26 January 2026Source: www.ghanaweb.comSilver hit a record high of $100 an ounce for the first time amid trading for less than $30 over a year. Silver rose as high as $102 while gold reached $4,988 an ounce as it approached $5,000. The price of silver has more than tripled since the start of 2025 when it traded at $29 an ounce. The surge is believed to have been driven by expectations that the United States may cut interest levels. The top consumers of silver jewelry are India, China, the United States, Thailand, and Italy.


Source: GhanaWeb January 26, 2026 15:57 UTC



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