Silver surges past $95 to fresh all-time high as geopolitical tensions fuel 30% year-to-date rally
Crypto Briefing
Silver hit a new all-time high above $95, driven by geopolitical tensions and tariff risks, marking a 30% year-to-date gain.Summary
Silver surged over 5% to a new all-time high above $95 per ounce on Tuesday, fueled by escalating geopolitical tensions and tariff risks, which are broadly supporting precious metals demand. This surge contributes to a year-to-date gain of over 30% for silver, whose market capitalization now exceeds $5.3 trillion. Gold also reached a record near $4,750, with both metals setting near-daily records since October 2025. The uncertainty stems from US threats of tariffs on European nations regarding the Greenland acquisition, prompting retaliatory measures. In contrast, traditional equity markets weakened, with the S&P 500 falling 1.5%, and digital assets like Bitcoin also showed weakness, retracing recent gains.
(Source：Crypto Briefing)