Why did the silver price hit a record today?

A surge in safe-haven demand, ongoing central-bank gold buying, and strong momentum from gold pulled silver higher. Retail participation added fuel, tightening liquidity and widening intraday ranges. Industrial demand from solar and electronics supports the fundamental story, helping the market accept higher prices after the breakout.

How can UK investors get exposure to the silver price?

Most use exchange-traded products for simplicity and tight spreads. Others buy allocated bars or coins. Remember UK silver purchases usually incur 20% VAT, and premiums vary by dealer. Check wrapper eligibility for ISAs or SIPPs, compare total costs, and confirm storage or buyback terms before investing.

What risks should I consider before buying silver?

Volatility is high after a record move, so prices can reverse quickly. Currency swings affect GBP returns. Physical buyers face VAT and premiums, which raise breakevens. Leveraged products magnify losses. Always pre‑define risk per trade, use stop losses, and avoid adding to losing positions without a clear plan.

Will the precious metals rally continue?

It depends on real yields, the dollar, and data on growth and inflation. Sustained ETF inflows and firm industrial demand would help. A rise in real yields or a stronger pound could cap gains for UK holders. Plan for both continuation and pullback and adjust size accordingly.

Global Market Insights

December 27: Silver Price Rockets 9% to Record, Extends Precious-Metals Rally

ByHuzaifa Zahoor December 28, 2025December 28, 2025

The silver price rocketed 9% to a fresh record on 27 December, extending a broad precious metals rally. Reports cite strong haven demand, persistent central‑bank buying of gold, and rising retail interest as key drivers. For UK investors, the move reshapes risk and opportunity across ETFs, bars, and coins in pounds. In this guide, we explain the catalysts, the implications for portfolios, and smart ways to trade heightened volatility, with clear, practical steps for the weeks ahead. See the latest reporting from Reuters for context source.