Foreign media: In December 2025, the price of silver surged to a new historical high, prompting Elon Musk's warning that manufacturers might face difficulties.
The rise in silver prices is due to market expectations of interest rate cuts by the U.S. Federal Reserve in 2026, leading to increased demand for hard assets, while China's restriction on silver exports starting January 1, 2026, has raised concerns about supply.
Silver is essential in many industrial processes, including electrification, solar panels, electric vehicles, and data centers, and the growing demand in these areas is depleting silver inventories. Additionally, the role of silver as a monetary metal has also driven its price increase.
Original article: toutiao.com/article/1852765242304588/
Statement: This article represents the views of the author himself.