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Stock impact report

Perfect storm of factors propels silver to record high above $65/oz [Yahoo! Finance]

StoneX Group Inc. (SNEX) 
Company Research Source: Yahoo! Finance
a wave of momentum buying have propelled the white ?metal to a fresh record high, setting prices up to close out 2025 at more ?than double the level at which they began. Silver, which surpassed the $65 per ounce threshold for the first time on Wednesday, has gained ?more than 120% this year and is poised for its best annual performance on record per LSEG data, which dates back to 1982. The metal is outperforming safe-haven gold, which is on track to climb 64% in 2025. Spot prices hit a record high of $66.87/oz on Wednesday. "(The rally) is very much investment-driven at the moment. It's ?got that strong fundamental background behind ?it ... but these prices are being driven by investment and by speculation," said Rhona O'Connell, head of market analysis at StoneX. Silver's robust fundamental backdrop includes a persistent supply ?deficit, and healthy demand prospects from the artificial intelligence data center, solar cell and electric vehicle industries. The metal also bene Show less Read more
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