Silver Dips 8% from Record Highs Amid Thin Volumes; Best Year Since 1979 Looms

• Silver retreated 8% from its intraday peak after hitting new records, snapping a potential seven-day gain streak.
• March silver futures surged to $82.67 an ounce, extending a rally driven by speculative inflows, supply deficits, and strong industrial demand.
• Thin trading volumes during the holiday period amplified the sharp price swings in the market, as reported by CNBC-TV18.
• Despite the dip, silver is up ~180% in 2025, on track for its best annual performance since 1979, when gains exceeded 200%.
• Platinum also soared over 40% in December, with January futures crossing $2,500 an ounce, its highest since 1987, while gold remained stable.

Why It Matters: Silver dips from record but eyes best year since 1979, driven by demand and tight supply.