Silver's recent surge has been remarkable, with prices reaching new highs.

It hit the $79/oz zone in late December 2025, a level many traders considered a distant possibility. This marks a significant shift from its previous performance.

From the high-$20s to nearly $80, silver has seen an impressive ~170% year-to-date increase. This performance significantly outpaces gold's strong run.

The gold-to-silver ratio has also seen a notable decline, reflecting silver's accelerated gains. This suggests a changing dynamic in the precious metals market.