https://www.instagram.com/vanessaclarkipai

This is your Daily Silver Price Tracker with Vanessa Clark podcast.

Hello everyone and welcome back to Daily Silver Price Tracker with me, Vanessa Clark. I'm so glad you're here with us today as we dive into what's shaping up to be an absolutely historic day for silver trading.

Let me jump right in with today's numbers because they are absolutely remarkable. As of December first, twenty twenty five, silver has reached a brand new all time high, trading at approximately fifty eight dollars per troy ounce. We're talking about silver surging nearly three percent just in the last twenty four hours alone. But here's where it gets really interesting for our listeners. Over the past month, silver has climbed an impressive twenty percent. And if you've been following silver with us all year, you know that silver is up nearly ninety five percent in twenty twenty five. That's an extraordinary performance that's actually outpacing gold and beating major stock market indices.

So what's driving this absolutely stunning rally? Well, there are several major factors at play right now. First, traders are pricing in a very high probability of a Federal Reserve rate cut coming in December. That weaker US dollar, now at two week lows, is making silver cheaper for international buyers, which really fuels demand globally.

Beyond the macro picture, we're seeing some serious supply constraints in the physical silver market. Chinese inventories have dropped to their lowest levels in a decade. The addition of silver to the US Critical Minerals List earlier this year has caused traders and refiners to front load shipments ahead of potential new tariffs or quotas. That's removed a lot of supply from the global market.

And then there's the industrial demand story, which is absolutely critical to understanding silver right now. Solar panel production alone consumed over two hundred forty four million ounces last year, more than double what we saw in twenty twenty. Electric vehicle manufacturing is also absorbing increasing volumes of silver. Here's the thing that really matters, industrial buyers can't easily substitute away from silver without compromising product performance. That creates what analysts call inelastic demand, and it's creating a demand floor that supports prices even when things get volatile.

Now I do want to mention that some analysts are pointing out we're in overbought territory on some technical indicators. The RSI is holding near eighty, which suggests we might see some consolidation or a pullback. But the broader trend is decisively upward.

Looking at forecasts, analysts are predicting silver could close out December around sixty seven dollars per ounce. Some are even projecting silver could reach the seventy dollar per ounce level or higher by the end of next year as these supply deficits continue.

Thank you so much for tuning in to Daily Silver Price Tracker. If you found today's breakdown helpful, please subscribe and tune in next time for more insights on silver prices and what's moving the precious metals market. I'm Vanessa Clark and we'll see you tomorrow.

For more http://www.quietplease.ai

Check out Vanessa on Instagram https://www.instagram.com/vanessaclarkipai
For some deals, check out
https://amzn.to/4hSgB4r

This content was created in partnership and with the help of Artificial Intelligence AI