Why did silver spike above US$80 and then pull back?

The surge reflected fears of China export limits, safe‑haven buying, and rate‑cut expectations. After the record, profit‑taking and tighter margins kicked in, forcing a fast reset. Thin holiday liquidity amplified moves. Silver price today is now balancing policy headlines with demand and dollar signals.

How would China silver export limits affect prices?

Any limits could reduce refined supply available to global buyers, lifting costs for manufacturers and investors. If curbs are strict or sudden, spreads and volatility can widen. Silver price today would likely rise on credible restrictions and ease if authorities signal flexibility or longer transition periods.

What does the Elon Musk silver warning mean for Australia?

Musk’s warning underscores cost risks for EVs, solar and data centres. In Australia, project budgets and timelines could face pressure if prices stay elevated. Silver price today affects procurement and hedging, so developers may adjust contracts, lock inputs earlier, or reassess build schedules to protect margins.

How can I monitor the silver rally and key catalysts?

Follow credible market news, central bank updates, China trade policy, and global PMIs. Track the US dollar and real yields, which influence metals. Silver price today often reacts to inventory changes and refinery activity. Set alerts for policy statements and major data releases to stay ahead of swings.

Global Market Insights

Silver Today, December 29: Pullback After $80 Peak as China Curbs Loom

ByHuzaifa Zahoor December 29, 2025December 29, 2025

Silver price today sits below the US$80 per ounce peak set over the weekend, as traders digest reports of looming China export restrictions, safe‑haven flows and rate‑cut hopes. The spike triggered an Elon Musk silver warning about pressure on EVs, solar and data centres. For Australian investors, the move highlights currency effects, sector impacts and policy risk into the new year. We break down drivers, practical takeaways, and what to watch next for the silver rally.