September 1, 2025
Article from Economic Times by Piyush Shukla
Article Synopsis
Gold surged to a record $3,508/oz and silver broke past $40 for the first time since 2011, driven by expectations of a Fed rate cut in September. Silver, up nearly 40% in 2025, is benefiting not only from safe-haven flows but also strong industrial demand from solar, EVs, and electronics, making the rally more durable than past speculative spikes.
Traders see key levels near $40–42, while long-term investors view industrial growth and Fed easing as supportive. For households, especially in India, rising silver prices mean higher jewelry costs but also long-term diversification benefits.