Tue Oct 14 04:30:00 UTC 2025: Okay, here’s a news article based on the provided text:
**Silver Soars to Record High Amid Market Squeeze and Safe-Haven Demand**
**London/Singapore –** Silver prices have shattered records, reaching an all-time high above $52.50 an ounce in London trading. This surge is fueled by a historic short squeeze and sustained demand for safe-haven assets amid global economic uncertainties.
Spot prices in London climbed as much as 0.4% to $52.5868 an ounce, surpassing the previous peak set in January 1980. This rally has prompted some traders to transport silver bars via expensive transatlantic flights to capitalize on higher prices in London.
The surge is fueled by concerns about liquidity in London, a jump in demand from India, worries about US tariffs and the potential impact on market supply. Elevated silver lease rates (30% on a one-month basis) are creating difficulties for those covering short positions.
Gold has also benefitted in the current climate, climbing to record highs as well.
Goldman Sachs analysts cautioned that silver’s smaller and less liquid market compared to gold could lead to disproportionate corrections if investment flows pull back.
The current strength in precious metals has already seen a rally this year of up to 81% so far. Bank of America has revised its end-of-2026 silver price target upwards to $65 an ounce due to market deficits and low interest rates. Investors are anticipating potential easing of monetary policy from the Federal Reserve.
Spot gold was up 0.5% at $4,129.80 an ounce in Singapore.
Traders should stay updated on the latest developments in the market and access resources for informed decision-making.
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