{"id":131527,"title":"Silver smashes $90 as precious metals rally roars on","publisher":"Share Talk","author":"sharetalk","published":"2026-01-15T12:11:55+00:00","modified":"2026-01-15T12:11:55+00:00","canonical_url":"https://www.share-talk.com/silver-smashes-90-as-precious-metals-rally-roars-on/","markdown_url":"https://www.share-talk.com/silver-smashes-90-as-precious-metals-rally-roars-on.md","json_url":"https://www.share-talk.com/silver-smashes-90-as-precious-metals-rally-roars-on.json","category":"Blogs","categories":["Blogs","Mining"],"tags":["bars","BoE","Britannias","bullion trading","capital gains tax","Central Banks","coins","Gold","HMRC","IMF","investments","Royal Mint","silver","Sovereigns","UK residents"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2026/01/dreamstime_xl_31233847-scaled-2.webp?fit=1200%2C650&quality=80&ssl=1","format":"news","language":"en-GB","content":"Silver surged past $90 an ounce for the first time[($92.14 +22.32%),](https://www.bullionbypost.co.uk/silver-price/week/ounces/USD/#show-chart) and gold hovered near a record high as pressure on the Federal Reserve, expectations of further US rate cuts, and heightened geopolitical tensions fuelled a powerful rally in precious metals.\n\nSilver has surged over the past month, rising 42.82%, and is up 195.97% year on year, based on trading in a contract for difference (CFD) that tracks the commodity’s benchmark market.\n\n**Metals run hot as market prices rebound in global growth for 2026**\n\n- Almost the entire metals spectrum has had a [strong start to 2026](https://www.share-talk.com/sp-angel-todays-market-view-thursday-15th-january-2026/), with precious metals rallying alongside base and bulk commodities.\n\n- Copper, aluminium, nickel, tin, zinc and lead have rallied 12%, 10%, 28%, 24%, 8%, and 7% over the past month.\n\n- Gold, silver, platinum, palladium are up 7%, 43%, 31% and 14% over the past month.\n\n“Fear about tariffs being added to silver has led to a large amount of silver getting stuck in the US, limiting flows into the global market,” said **Liu Shiyao** of **Zijin Tianfeng Futures Co**.\n\nStrong investment demand has underpinned the rally, with speculative interest rising from Shanghai to New York. Trading volumes on **Comex** and the **Shanghai Futures Exchange** have remained elevated since late December.\n\nDemand for gold and silver as hedges against inflation and financial instability is likely to persist this year, though gains may moderate, said David Chao, a global market strategist at **Invesco Asset Management**. He added that gold is likely to outperform silver amid ongoing geopolitical uncertainty."}