Karachi (HRNW) The price of silver in the global market has reached a new record high, surpassing $75 per ounce for the first time. Prices of gold and platinum have also climbed to historic highs.
Silver saw a 3.6% increase, bringing its price to $74.52 per ounce. Over the course of this year, silver prices have surged by 158%, nearly doubling since the end of June. Experts attribute the rise to factors such as the growing demand for AI data centers, electric vehicle production, and investment as a hedge against inflation.
According to international news agencies, the spot price of gold rose by 0.6%, reaching $4,505.03 per ounce, after earlier hitting a new record of $4,530.60 per ounce. Platinum prices also increased, showing a rise of approximately 158% during 2025.
Analysts suggest that continued industrial demand and investment trends are likely to sustain the upward momentum in precious metals.
