Silver price today: Holding near $62 after last week’s record run

The precious-metals boom that defined much of 2025 is still very much alive, even after a sharp bout of profit-taking late last week. On Monday, spot silver steadied near $62.48 an ounce and gold climbed to about $4,320.65, as traders weighed softer U.S. yields, a weaker dollar, and the next big macro catalyst: U.S. jobs data that could shape the Federal Reserve’s 2026 rate path

That “cooling but not collapsing” tone matters because silver’s surge has been anything but ordinary. It’s not just a price story; it’s a story about tight physical supply, explosive industrial demand, and renewed safe-haven flows—a combination that briefly pushed silver’s estimated “market value” into the same league as the world’s largest public companies.

Below is what’s happening today (15.12.2025), what drove silver to record territory, and why the gold–silver–platinum complex has become one of the market’s most-watched themes heading into year-end.

Silver is up about 115% year-to-date even after retreating from Friday’s intraday record, with Reuters reporting spot silver around $62.48 on December 15 and noting it had hit $64.65 late last week before closing sharply lower.

The key point for readers tracking “silver price today” is that the pullback looks like a pause after an extreme move—not a reversal of the forces that got silver here in the first place. In the same December 15 report, ANZ highlighted that silver’s rally has been powered by tightening inventories and strong industrial demand, while also warning that valuations versus gold look stretched, raising the risk of a rotation.