Silver Prices Surpass Oil for First Time in Decades as Precious Metal Demand Soars
By
bookofjoe
Properly proved. Has structure, has flavour, has a point.
Summary
Silver prices have surged to record highs in 2025, more than doubling in value and reaching $76.486 per troy ounce, which now exceeds the price of a barrel of oil at $56.74. This marks the first time silver has been worth more than oil in decades, driven by strong demand from both investors and industrial buyers, while oil prices remain depressed due to a supply glut.
Key quotes
· 4 pulledSilver's price blew through a 45-year-old record and has more than doubled in 2025.
At $76.486, a troy ounce of silver is worth more than a barrel of oil in futures markets, where U.S. crude ended Friday at $56.74.
Neither investors nor industrial buyers can get enough of the precious metal, while a glut of crude has depressed fuel prices.
In a year in which precious metals shined, silver stole the show.
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