Silver Price Jumps The Most In Months—Could Record Highs Return?

BreakingBusinessSilver Price Jumps The Most In Months—Could Record Highs Return?ByConor Murray,Forbes Staff. Murray is a Forbes news reporter covering entertainment trends.Follow AuthorMay 11, 2026, 03:07pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.ToplineThe price of silver on Monday jumped the most in a single day since February, rising more than 7% at its peak, as some analysts suggest the months-long rally that lifted the metal to its highest-ever price earlier this year could come back despite a downturn due to the Iran war.Silver had its best day in months on Monday. (Photo by Jonathan Raa/NurPhoto via Getty Images)NurPhoto via Getty ImagesKey FactsThe price of silver is about $86.60 as of 2:30 p.m. EST, up about 7%, though slightly down from its intraday high price of $86.80.Monday’s price rally, which lifted silver’s price by more than $6 an ounce, was the metal’s biggest surge in terms of both dollar value and percentage gain since late February.The price of silver hit a two-month high on Monday, approaching its highest price since it oscillated around the $90 mark in mid-March before declining amid pressures stemming from the war in Iran.Monday’s rally was fueled largely by increasing investor optimism in silver, Bloomberg reported, citing analysts at TD Securities, who said investors that had waited on the sidelines in recent weeks increased silver buying on Monday while the price’s upward trend also inspired buying from followers.Other analysts suggested additional factors include President Donald Trump’s visit later this week to China and deadlocked peace talks between the United States and Iran. if (!window.cnxel) { window.cnxel = {}; window.cnxel.cmd = []; var iframe = document.createElement('iframe'); iframe.style.display = 'none'; iframe.onload = function() { var iframeDoc = iframe.contentWindow.document; var script = iframeDoc.createElement('script'); script.src = '//cd...