28 Jan 2026 | 3 Mins Read

Silver prices hold steady near record highs due to strong demand

Flipitmoney

Silver prices remained near all-time highs at $113.63 an ounce on January 28, surging nearly 60% this year. Market participants attribute the surge to safe-haven demand, trade uncertainty, and spillover strength from gold. Prices have hit a record high of $117.69, prompting risk-management action from exchanges and highlighting strong momentum.