The price of silver has experienced exponential growth so far in 2025. Getty Images/iStockphoto

The surge in the price of silver may not be over quite yet.

Case in point? The price of the precious metal hit a new record high this week, rising past $64 per troy ounce on Thursday, according to American Hartford Gold . That comes after the metal hit previous price records just in October , when it was priced around $50 for the same amount. But the price surge is even more remarkable compared to where it sat in December 2024, when it was listed for just $29.04 per ounce. Overall, in 2025, the price has grown from $28.92 on January 1 to $64 on December 11 – an increase of more than 121% just this year.

But this doesn't necessarily mean that investors, particularly those new to the pr

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