Silver prices may continue their record-setting rally and touch as high as $60 an ounce before the end of 2025, said Chirag Thakkar, CEO of Amrapali Gujarat, as global liquidity pressures and strong retail demand keep the metal on the boil.

“We have already reached our targets—what we were anticipating, that it could come to these levels. But at these levels, the liquidity crunch in the London markets is actually driving prices crazy,” Thakkar told CNBC-TV18. “If we sustain above $50, we could see some sharp moves, possibly $55 and maybe even $60 before the end of this year.”

On Monday, October 13, silver rose as much as 2.6% to hit $51.59 an ounce, swinging near a record as a historic short squeeze in London and renewed US-China trade tensions roiled the market. The price surge in silve

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