Silver Soars To Record Highs: It's Up 95% In 2025, The Best Year Since 1979 - Aya Gold & Silver (OTC:AYASF), Andean Precious Metals (OTC:ANPMF)
Benzinga·2025-11-28 18:45

Group 1: Silver Price Surge - Silver prices surged over 5% to $56 per ounce, marking the strongest single-day rally in over a year, driven by tightening supplies and concerns of a global shortage [1] - Year-to-date, silver has gained 95%, on track for its best performance since 1979 [1] Group 2: Market Imbalances in China - Silver on-warrant inventories at the Shanghai Futures Exchange fell by 9,361 kilograms to 531,211 kilograms, the lowest level since 2015 [3] - China's silver exports in October reached over 660 tonnes, a new all-time high, indicating a tight market [4] - Shanghai has entered backwardation, signaling immediate physical scarcity in the silver market [5] Group 3: Monetary Policy Impact - Growing expectations of monetary policy easing have contributed to silver's rally, with a nearly 90% probability of a 25 basis-point rate cut by the Federal Reserve at its December 10 meeting [6] Group 4: Seasonal Trends and Future Outlook - Historically, silver has averaged a 2.12% gain in December, making it the third-strongest month of the year [7] - Silver closes December in positive territory 60% of the time, with the best returns occurring in 1997 and 2020, both around 17% [8] Group 5: Mining Stocks Performance - The rally in silver has reignited interest in mining equities, with the Global X Silver Miners ETF rising over 12% in just two days [9] - Notable gains among silver-focused miners include Aya Gold & Silver Inc. up 14.18%, Andean Precious Metals Corp. up 12.66%, and Discovery Silver Corp. up 12.39% [10]