Silver Surpasses 100 Dollars Per Ounce for First Time in History
Silver prices surged past the historic 100-dollar milestone today as investors sought safe havens amid geopolitical tensions and expected interest rate cuts.
Insights:
Silver prices surpassed the historic milestone of $100 per ounce for the first time in history today, January 23, 2026. The spot price of Silverrose 4.05% to reach $100.1 per ounce by 1547 GMT, marking a significant psychological and structural breakthrough for the market. This surge brings the total gains for Silverto more than 200% over the past year, reflecting persistent supply shortages in refining and low physical liquidity in the London market.
The rally was not limited to silver, as Gold also approached unprecedented levels. The spot price of Goldclimbed 0.48% to $4,959.98 per ounce after touching an intraday record of $4,967.03 earlier in the session. In the US 
US, gold futures for February delivery added 0.98% to reach $4,961.20. These movements are supported by central bank buying activity and a broader move away from the dollar as a primary reserve asset.
US, gold futures for February delivery added 0.98% to reach $4,961.20. These movements are supported by central bank buying activity and a broader move away from the dollar as a primary reserve asset.
