Spot Silver Hits New High Above $63/oz as NY Comex Soars 4% Intraday
COINOTAG News reported on December 11 that spot silver vaulted past the $63 per ounce threshold, posting a daily gain exceeding 2%. The New York Comex intraday rally reached roughly 4%, with prices around $63.48 per ounce, underscoring sustained demand for traditional inflation hedges in today’s risk-off backdrop.
Against this macro backdrop, crypto markets have remained on watch as cross-asset flows influence liquidity and risk appetite. While digital assets navigate a cautious session, investors are parsing inflation signals and monetary policy expectations that shape the interplay between inflation hedges and liquidity conditions.
Analysts say the metals rally highlights ongoing demand for hedges and diversification, with potential implications for stablecoins and liquidity management strategies within the crypto market space. Traders may consider adjusting exposure in line with evolving macro indicators, careful risk management, and disciplined asset allocation.