Silver ounce now outvalues oil

Silver prices surged so that an ounce fetched more than a barrel of oil, driven by lower interest rates, strong industrial and investment demand and weak crude markets.

The Wall Street Journal

An Ounce of Silver Is Now Worth More Than a Barrel of Oil

Neither investors nor industrial buyers can get enough of the precious metal, while a glut of crude has swamped energy markets and depressed fuel prices.

Reposts 0 12h

Svenska Dagbladet

Gold and silver surge: 'A gauge of how the world is doing'

Prices for gold and silver have surged this year, the strongest rise since 1979 according to Bloomberg. Gold prices have risen by 67 percent. Silver even more. 'It is an indicator of how the world is faring—and a sign that it is not doing well,' says Robert Bergqvist, senior economist at SEB.

Reposts 0 19h

Corriere della Sera

Silver hits new highs, prices more than doubled in 2025: is it another gold rush?

The source of the price rally is the drop in interest rates and strong demand for both industrial uses and investment. The target by the end of 2026 is $75 per ounce.