Silver Hits $60 For The First Time—Here’s Why Prices Are Outpacing Gold

Gold prices edged higher in the early Asian session as investors anticipate the upcoming Federal Open Market Committee (FOMC) decision on interest rates scheduled for Wednesday. This movement reflects a cautious optimism in the market as traders adjust their positions ahead of the critical announcement.

Silver prices have extended gains, surpassing $60 an ounce for the first time, driven by traders' expectations of further monetary easing from the Federal Reserve and ongoing supply constraints. This surge reflects a significant increase in demand for the metal as investors seek safe-haven assets amid economic uncertainty.

Silver prices have surged past $60 per troy ounce for the first time, marking a significant milestone in the precious metals market. This increase comes amid heightened expectations for interest rate cuts by the Federal Reserve, which have influenced trading behaviors. Gold prices have also seen an uptick, reflecting a broader trend in the commodities sector.

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Silver prices have surpassed $60 an ounce for the first time, driven by traders' expectations of further monetary easing from the Federal Reserve and ongoing supply constraints. This surge in silver prices is accompanied by a notable increase in gold prices, reflecting a broader trend in precious metals markets.

Gold prices have seen a slight increase as investors await a critical decision from the Federal Reserve regarding interest rates, while silver prices are nearing record highs. This movement in precious metals reflects ongoing market anticipation and economic uncertainty.

The stock market faced a downturn today, primarily driven by a decline in JPMorgan's stock, which negatively impacted the Dow Jones Industrial Average. The bank has indicated that its expenses are expected to rise in 2026, contributing to investor concerns. Meanwhile, silver prices experienced a notable increase amid the market volatility.