Silver Surges 85% in 2025 — The Run is On.
Silver rallied sharply toward 14-year highs after Fed Chair Powell’s dovish Jackson Hole speech triggered a dollar collapse and sent rate cut expectations soaring.
Markets now price a 91% chance of a September rate cut, up from 72%, while the Dollar Index plunged 0.90% to 97.73, breaking below key moving averages. Treasury yields tumbled across the board, boosting non-yielding assets like silver.
The metal has established critical support at $37.40-$37.50 and faces its next major test at the multi-year peak of $39.53. With Fed policy expectations tilted toward easing and the dollar under sustained pressure, silver maintains strong bullish momentum with potential to reach $40.30 if it clears resistance.
