Silver Surges to Record Highs in China as Bitcoin Stalls Over Holiday Period
Silver prices in China reached unprecedented levels on Christmas Day 2025, fueled by severe physical shortages and robust industrial demand. The metal traded at premiums to global benchmarks, underscoring supply constraints in the world's largest silver-consuming nation.
Meanwhile, Bitcoin failed to gain traction during the holiday period, with stagnant prices reflecting thin liquidity and absent institutional participation. The divergence highlights shifting investor preferences toward hard assets during periods of market stress.
China's industrial complex continues to drive silver demand, particularly from solar panel manufacturers and electric vehicle producers. Geopolitical tensions further bolstered the metal's appeal for defense applications, creating a perfect storm for price appreciation.