Silver price today, Dec. 26 -- Silver prices jumped around 5% to cross the $75/oz mark for the first time on Friday, December 26, as escalating geopolitical tensions aided the historic rally in the white metal.

Spot silver rose for a fifth straight session, climbing nearly 5% to a record high of $75.14 an ounce.

Silver's performance this year has been particularly striking. The metal has surged 138% over the past one year, 99% in six months, 59% in three months, and 39% in one month, highlighting both the speed and scale of the rally.

The recent rise in the white metal has been supported by strong speculative inflows and persistent supply dislocations across key trading centres, lingering since a historic short squeeze in October.

In ...