Silver prices have surpassed $88 per ounce, reaching a historic high. This recent movement, which has set a new record in the international spot silver market, has already resulted in an accumulated increase of over 23% since 2026.

Among investors, there is an analysis that interest in silver as a safe-haven asset is growing amid economic uncertainty. The background for the spot silver price breaking through $88 appears to be a combination of factors, including expectations of interest rate cuts, concerns over global economic weakness, and increased demand for inflation hedging.

This price increase is interpreted as a signal of a broader shift in macroeconomic trends beyond just the precious metals market. In particular, the level of $88 suggests that silver is being reevaluated as a long-term investment asset.