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2025-12-17 18:36:34
[Silver Surges Above $65 to Record High, Unemployment Data Ignites New Bullish Momentum in Precious Metals] ⑴ Silver prices surged above $65 per ounce on Wednesday, hitting a record high, reaching a high of $66.52 during the session, with a year-to-date gain of 128%. ⑵ Gold prices rose in tandem, with spot gold reaching $4318.99 per ounce, a year-to-date increase of 65%, while platinum hit a more than 17-year high. ⑶ This surge was directly driven by weaker-than-expected US employment data. The unemployment rate rose to 4.6% in November, the highest since September 2021, reinforcing market bets on further interest rate cuts next year. ⑷ Analysts point out that silver possesses both investment and industrial attributes; its tight supply and strong demand for green energy provide a clear bullish logic for speculative funds. ⑸ The entire white metals sector (silver, platinum, palladium) collectively surged, and the market is awaiting the US CPI and PCE inflation data to be released later this week to further confirm the interest rate path.
