Silver breaks through the $80 per ounce mark, setting a new record in weekend early trading.

This year, the price has surged by as much as 190%. Against the backdrop of the continued depreciation of the US dollar, industrial demand is booming—sectors such as chips, photovoltaics, and electronic manufacturing are experiencing unprecedented procurement activity. Supply chain tensions are intensifying, with global buyers competing for spot supplies and physical distributors facing inventory shortages.

Interestingly, geopolitical policy factors are also playing a role. The demand for commodity reserves has surged, and premiums worldwide are continuously rising. This price discovery mechanism reflects market re-pricing of inflation expectations and asset allocation—signs of capital seeking safe havens and value preservation are becoming increasingly evident, from equities to commodities and even to cryptocurrencies.

As traditional assets undergo revaluation cycles, correlations among different asset classes are also changing. It will be important to observe how future US dollar policies and global demand shape this landscape.