Spot Silver Prices Break $90 Per Ounce Amid Inflation Data

Spot silver prices have surpassed $90 per ounce for the first time, driven by soft U.S. inflation data and expectations of Federal Reserve rate cuts. This historic price milestone is further supported by geopolitical tensions, robust industrial and investment demand, and tightening inventories.

Insights:
Spot silver prices have surged past the $90 per ounce mark for the first time, marking a historic milestone in the commodity markets. On January 14, 2026, silver prices rose more than 3% to reach $90 per ounce by 0308 GMT, fueled by a combination of macroeconomic and supply-side factors. The release of soft U.S. inflation data has cemented expectations of interest rate cuts by the U.S. Federal Reserve, adding momentum to the price hike.
Silver bars are stacked in the safe deposit boxes room of the Pro Aurum gold house in Munich, Germany, January 10, 2025. REUTERS/Angelika Warmuth
Silver bars are stacked in the safe deposit boxes room of the Pro Aurum gold house in Munich, Germany, January 10, 2025. REUTERS/Angelika Warmuth
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