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Silver Reportedly Breaks $59 to Hit All-Time High
12/05/2025, 17:06
AI SUMMARY
●Silver reportedly breaches $59 marking a new all-time high for the commodity
●Price action highlights capital rotation into traditional precious metals
●Rally contrasts with simultaneous corrective moves in the cryptocurrency market
Silver prices have reportedly broken the $59 level for the first time in history, marking a significant milestone for the precious metal. This surge contributes to a broader rally in commodities and safe-haven assets amidst global market shifts.
The move coincides with a divergence in the crypto markets, where digital store-of-value assets like Bitcoin have faced short-term selling pressure. The rally in silver adds approximately $1.68 trillion to its market capitalization.