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7h agoSilver, Platinum Lifted by Safe-Haven Bid as Gold Holds Near $4,000
Silver climbed about 1.2% while platinum rose nearly 0.9% on 31 October as investors sought safe-havens amid geopolitical and inflation concerns. Spot silver traded at around US$48.77 per ounce, extending weekly gains to over 3%. Analysts say silver’s dual role as both precious and industrial metal is bolstering demand, especially in sectors like solar and EV. While gold remains anchored near US$4,000 per ounce, silver is seen as offering higher beta exposure to upside risk, albeit with more volatility.
positive
7h agoSilver, Platinum Lifted by Safe-Haven Bid as Gold Holds Near $4,000
Silver climbed about 1.2% while platinum rose nearly 0.9% on 31 October as investors sought safe-havens amid geopolitical and inflation concerns. Spot silver traded at around US$48.77 per ounce, extending weekly gains to over 3%. Analysts say silver’s dual role as both precious and industrial metal is bolstering demand, especially in sectors like solar and EV. While gold remains anchored near US$4,000 per ounce, silver is seen as offering higher beta exposure to upside risk, albeit with more volatility.
positive
Silver, Platinum Lifted by Safe-Haven Bid as Gold Holds Near $4,000
about 7 hours ago
1 min read
79 words
Silver gained ~1.2% to US$48.77 as safe-haven flows grew, aided by its industrial + precious-metal demand mix.
Silver climbed about 1.2% while platinum rose nearly 0.9% on 31 October as investors sought safe-havens amid geopolitical and inflation concerns. Spot silver traded at around US$48.77 per ounce, extending weekly gains to over 3%. Analysts say silver’s dual role as both precious and industrial metal is bolstering demand, especially in sectors like solar and EV. While gold remains anchored near US$4,000 per ounce, silver is seen as offering higher beta exposure to upside risk, albeit with more volatility.
Silver climbed about 1.2% while platinum rose nearly 0.9% on 31 October as investors sought safe-havens amid geopolitical and inflation concerns. Spot silver traded at around US$48.77 per ounce, extending weekly gains to over 3%. Analysts say silver’s dual role as both precious and industrial metal is bolstering demand, especially in sectors like solar and EV. While gold remains anchored near US$4,000 per ounce, silver is seen as offering higher beta exposure to upside risk, albeit with more volatility.
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silver
markets
silver
precious metals
safe-haven
industrial demand
Nov 2, 2025 • 08:18 IST