Silver overtakes bitcoin’s post-2017 gains as price blows past $115

The price of silver reached a new all-time high, briefly exceeding $117 per troy ounce before settling near $105, resulting in a roughly 517% gain since the end of 2017, which surpasses Bitcoin's approximately 500% gain over the same period. Trading volumes in silver-linked ETFs, like the iShares Silver Trust ($SLV), exploded, seeing $32 billion in turnover on Monday, far exceeding other global securities. Analysts attribute the surge to momentum trading hitting psychological price milestones ($100 for silver, $5,000 for gold) and structural demand driven by AI build-out. In contrast, Bitcoin slid toward $87,000 over the weekend amid risk-off sentiment and significant outflows from U.S. spot Bitcoin ETFs.

(Source：The Block)