Silver Soars to Record Highs, Outshines Gold with 138% Return! What's Driving the Surge?

• Silver prices hit all-time highs in India and globally on December 22, reaching $69.44/ounce internationally.
• It delivered a 138% return this year, significantly outperforming gold as a safe haven asset.
• Factors driving the surge include expected US Fed rate cuts, a weak dollar, and geopolitical risks.
• Supply shortages, robust industrial demand, and strong investment flows further fueled the rally.
• Seasonal trends and Bank of Japan's less aggressive stance also contributed to silver's record-breaking performance.

Why It Matters: Silver's record surge driven by safe-haven demand, Fed rate cut expectations, and supply issues.