Silver Breaks Out as Global Tensions and Supply Risks Collide

Global markets echoed the move, with silver posting a near 6 percent rise to around $76 per ounce on international exchanges. The rally highlighted renewed investor interest in precious metals as risk sentiment weakened across asset classes.

One of the key drivers behind the move was concern over potential disruptions in global silver supply. Peru, among the world’s largest silver ore exporters, has been facing growing logistical and export challenges, raising fears of reduced availability in the physical market. These concerns have added to an already tight supply environment.

Silver’s broader price trend has also been supported by strong structural demand. The metal has seen steep gains over recent months, aided by its expanding role in renewable energy, electric vehicles, and industrial applications, at a time when mine output growth remains limited.

Market analysts note that momentum in silver remains strong, though short-term profit booking cannot be ruled out after the sharp rally. On international charts, key support is seen in the $70–$68 range, while sustained geopolitical stress could open the door for a move toward the $80 per ounce mark.

The recent price action underscores silver’s dual role as both an industrial metal and a financial hedge, making it particularly sensitive to periods of global uncertainty and supply stress.