Silver Tops $65 Following Soft Inflation Data

Silver extended its remarkable rally, breaking above $65 per ounce for the first time as data confirmed cooling US inflation. The metal's year-over-year gain has topped 70%, making it one of the best-performing traded assets this season. Investors attribute the move to a combination of strong industrial demand — silver is heavily used in solar energy and electronics — and its role as a safe-haven asset alongside gold. Analysts note that the silver market is significantly smaller than gold's, which traditionally makes its price swings sharper. Retail investors should factor in silver's elevated volatility when building a portfolio.