The spot asset is attracting attention as it hits a record high around $90.

CascadingDipBuyer · 2026-01-28T13:19:22+00:00

Silver prices have surged significantly, nearing an all-time high of $90 per ounce, with a recent increase of $3 in just one day. This movement indicates a pivotal moment in the precious metals market, reflecting shifting global economic conditions and investor sentiment.

CascadingDipBuyer

2026-01-28 13:19:22

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A notable movement has been observed in the precious metals market recently. The spot price of silver is showing a strong upward trend, especially approaching a level close to $90, reaching a historic high.

Silver Price Surge Toward $90 per Ounce

According to industry media PANews, the spot price of silver increased by $3 in a single day in mid-January. It is currently trading around $89.93 per ounce, up 3.45% from the previous trading day.

This is not just a temporary fluctuation but a significant move that is breaking previous records. If silver surpasses the $90 level, it is expected to signal a break through an important psychological resistance in the precious metals market.

Market Attention and Future Outlook

This rise in the spot price of silver can be seen as an indicator reflecting changes in the global economic situation and investment sentiment. At this point, reaching the psychological resistance level of $90, market participants’ interest is intensifying.

Experts are paying attention to the possibility that silver spot prices will continue to exceed $90 and set new highs, making the future market movement a key focus.

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