Core Insights - Silver futures reached a record high for the first time since 1980, settling at $50.13 per troy ounce, marking a 6.8% increase on Monday, which is the largest one-day dollar gain since January 23, 1980 [1] - This surge in silver prices surpassed the previous record set on January 17, 1980, according to Dow Jones Market Data [1] - Gold also experienced significant gains, achieving its best dollar gain on record, although it has reached multiple highs since 1980 [1]