Silver Prices Break Through $60 as Retail Buyers Step In

Silver prices have broken through the $60 threshold, with the metal trading at around $62.01 per ounce after a 4% surge on Wednesday.

This rally is notable for the unusual behavior of institutional investors and retail buyers.

Institutional investors have been steadily unwinding positions in physically backed silver ETFs, resulting in nearly 29 million ounces being sold since the start of 2026. In contrast, retail investors have increased their purchases of coins and bars by about 18%.

The divergence between institutional selling and retail buying is creating a buffer that keeps prices anchored.