The price of silver hit a record high this week, surpassing $60 an ounce and more than doubling in value this year. The iShares Silver Trust ETF, which tracks the silver spot price, has soared 118% in 2025. Silver’s industrial uses, including in AI data centers and electric vehicles, are driving its high demand. The US Department of the Interior added silver to its list of critical minerals this year. Analysts remain bullish on silver despite its price surge due to a supply shortage and increased industrial demand. The Federal Reserve’s easing cycle is also boosting silver prices, making it an attractive investment option.

Read more at Yahoo Finance: AI Data Centers Just Sent This Other Metal to a New Record High