Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
They rose more than 5% Monday to trade around $50 a troy ounce, above the longstanding record close of $48.70 set during one of the 20th century's biggest commodity-trading scandals.
On the heels of a fast and furious climb this year, silver is within sight of $50 an ounce — a level investors are eager to celebrate because it's taken the white metal 45 years to get here.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
When gold jumps, silver soars. That's an old concept that could make investors a lot of money when precious metal prices rally.
SIL hit a 52-week high, surging 82.9% from its low as silver prices climb amid global uncertainty and supply strain.
Silvercorp Metals offers strong margins, robust balance sheet, and trades at an attractive valuation versus peers, making it a compelling value play in silver mining. The company has prioritized reinvestment and expansion over dividends, positioning itself for significant future growth as new projects come online. Key risks include heavy exposure to China and associated political uncertainties, though diversification efforts are underway and could take time to materialize.
Global X Silver Miners ETF has outperformed due to silver's industrial appeal and a favorable gold-silver ratio, but the SIL/iShares Silver Trust ETF gap is now narrowing. SIL's higher expense ratio (0.65%), greater volatility, and smaller AUM make SLV increasingly attractive for risk-adjusted exposure. Silver is a mining byproduct; in this case, of Canadian companies; therefore, it is partially influenced by Trump's tariff escalation.
Silver's recent breakout is driven by surging demand from utility-scale solar, especially in China, which is aggressively expanding solar capacity for geopolitical reasons. As the US shifts away from solar, China's energy transition pushes silver demand higher as solar installations soar, outpacing global peers. The Sprott Silver Miners & Physical Silver ETF offers diversified exposure to silver miners and physical silver, with a focus on Canadian companies.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
SIL surged to a 52-week high, gaining 77.6% from its low as silver prices climb on safe-haven demand and falling rates.