Silver has reached two all-time high levels, one attributed to questionable reasons and the other being more legitimate.

On January 17, 1980, the price of silver reached an all-time high of $49.95 per ounce. However, it was achieved by a dubious agreement between two individuals to corner the supply and increase demand. Silver price crashed by more than 50% later on.

Thereafter, in 2011, Silver reached an all-time high price of $48.70 per ounce. On October 8, Silver closed at 48.74, reaching an all-time high price.

However, once Silver closes above $49.95, it will be a new all-time high for the gold’s close cousin.

On October 9, Silver trades at $49.02 per ounce and is attempting to create history by surpassing the $50 level.

Although gold gathered most of the attention in 2025, silve

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