Silver price hits record highs near $70 as precious metals post strongest year since 1979 — where is silver price headed now?

Silver prices surged toward $70 an ounce, marking record highs and a historic 2025 rally. Gains exceed 140% this year. Gold, platinum, and palladium also surged strongly. Fed rate-cut bets, Trump policy pressure, and rising geopolitical tensions boosted safe-haven demand. Investors now watch technical levels closely as momentum remains powerful.