Here’s a summary of the major news on silver’s price surge and what the claim “Silver prices jumped 12.5% since 2008” is referring to:
Barron's
The Washington Post
Silver's Parabolic Rally Sparks Bubble Warnings
Why gold and silver prices are surging at breakneck speeds
Yesterday
Yesterday
📈 What’s Happening with Silver Now
Silver just jumped about 12.5% in a single day, marking its biggest one-day gain since 2008 and pushing prices above ~$110–$116 an ounce in recent trading. Analysts point to growing physical demand and strong industrial use as key drivers. �
yellow.com
Broad precious metals markets (including gold) are hitting record highs as investors seek safe havens amid economic and geopolitical uncertainty. �
The Washington Post
Some financial commentators are warning the rapid rise could signal speculative excess — potentially a short-term bubble. �
Barron's
🔍 So What Does “Since 2008” Mean?
The 12.5% figure doesn’t mean silver is only 12.5% higher over the entire period from 2008 to today. Instead, the recent rally (one specific move) is described as the biggest rise since 2008, comparing the size of the single-day or short-term jump to historical moves during the 2008 financial crisis. �
yellow.com
Historically, silver prices were much lower around the end of 2008 — about $10–$15 per ounce — and climbed significantly over the long term. For example, 30-year price charts show prices in the 2000s at lower levels compared with recent years. �
JM Bullion
📊 Silver’s Long-Term Trend (Context)
While not directly tied to that *12.5% rally statistic:
Over the past decade-plus, silver has seen substantial long-term gains, driven by industrial demand, investment flows, and macroeconomic forces. Data shows significant price increases in periods such as 2010 and especially in the mid-2020s. �
JM Bullion
Annual data from the World Silver Survey also illustrates how average yearly prices have generally trended up since the early 2000s. �
The Silver Institute
🧠 What to Take Away
The 12.5% move is a short-term rally milestone, not the total gain over 18+ years.
Silver has generally increased considerably since 2008, but specific gains depend on what start/end dates and price measures you use.
Factors behind recent strength include industrial demand (e.g., solar panels, electronics), investment demand, inflation/monetary policy, and geopolitical uncertainty.
If you want, I can give a simple chart or table of silver price history from 2008 to today to clearly show the percentage changes over time.
#Silver #InflationHedge #GlobalMarkets #PriceSpike #BreakingNews