£50/oz to £60/oz in 10 days

Silver continues its incredible run, with a 20% increase in value in just ten working days from December 19th, as the spot price topped £60/oz in the evening of January 6th.

There are some mind-blowing stats around the silver price:

  • it has doubled the previous all-time record of £29.26/oz since first breaking it at the end of August last year.
  • The price has gone from £40/oz to £60/oz in less than two months
  • The silver fix on January 2nd 2025 was £23.61/oz and in 12-months the value of silver has increased by 250%

It certainly has been a good investment – where next?