Silver Has Crossed $90 an Ounce for the First Time | The Global War for Silver

Silver has shattered the $90-an-ounce mark for the first time in history, sending shockwaves through global markets and intensifying a powerful rally in precious metals. Gold is trading just shy of record highs as investors seek safety amid Federal Reserve uncertainty, expectations of U.S. rate cuts, and escalating geopolitical tensions. The surge has exposed deep stress in the physical silver market, forcing the U.S. Mint to suspend silver coin sales and driving premiums sharply higher. Analysts warn the rally reflects a structural imbalance between paper claims and physical supply, compounded by strong industrial demand and safe-haven flows.