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Silver price jumps to new all-time high at $59.655 per ounce, up 101% this year why is silver price rising and is $65 next?

Silver price today: Silver hit a new all-time high at $59.655, extending its 101% year surge as ETF inflows jumped 15.7 million ounces in November and supply stayed tight for a fifth year. Futures trade near $59.23 after breaking the $54.40 barrier. Rate-cut bets, a weaker dollar, and record 1.13 billion-ounce ETF holdings lifted momentum, with traders now eyeing the $60$65 zone.