Uploaded December 2025 | Updated September 2026, 1 week ago

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The price of silver reached an all-time high on December 3 at $58,37 per troy ounce.

While silver has benefited from the same forces lifting gold and other precious metals, such as safe-haven demand and trade tensions, silver’s rally isn’t just a copycat move.

So what caused silver prices to peak? And what does it say about our reliance on this precious metal?

CNBC Explains producer Gaelle Legrand breaks it down.

Watch the full explainer at the link below.

#CNBC #CNBCExplains #SilverPriceRise #SilverConsumption

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