'I've Never Been So Busy': Record Prices Spark Silver Rush To Scrap Physical Silver

Benzinga_recent_news01-30

The surge in silver prices is no longer just a chart story. It's showing up in shop windows, auction houses, and dealer vaults around the world. As silver trades at record highs, dealers across ...

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It's showing up in shop windows, auction houses, and dealer vaults around the world.\nAs silver trades at record highs, dealers across ...</p>\n\n<a href=\"https://www.benzinga.com/news/topics/26/01/50241654/ive-never-been-so-busy-record-prices-spark-silver-rush-to-scrap-physical-silver\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'I've Never Been So Busy': Record Prices Spark Silver Rush To Scrap Physical Silver</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'I've Never Been So Busy': Record Prices Spark Silver Rush To Scrap Physical Silver\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-01-30 02:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/topics/26/01/50241654/ive-never-been-so-busy-record-prices-spark-silver-rush-to-scrap-physical-silver><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The surge in silver prices is no longer just a chart story. It's showing up in shop windows, auction houses, and dealer vaults around the world.\nAs silver trades at record highs, dealers across ...</p>\n\n<a href=\"https://www.benzinga.com/news/topics/26/01/50241654/ive-never-been-so-busy-record-prices-spark-silver-rush-to-scrap-physical-silver\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AGQ","symbol_name":"2倍做多白银ETF-ProShares","start_time":0,"source_url":"https://www.benzinga.com/news/topics/26/01/50241654/ive-never-been-so-busy-record-prices-spark-silver-rush-to-scrap-physical-silver","article_id":"2607030180","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2026/01/29/Silver-Surge-Accelerates.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/news/topics/26/01/50241654/ive-never-been-so-busy-record-prices-spark-silver-rush-to-scrap-physical-silver","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2607030180","pubTimestamp":1769709660,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"The surge in silver prices is no longer just a chart story. It's showing up in shop windows, auction houses, and dealer vaults around the world.As silver trades at record highs, dealers across multiple countries are seeing a rush to liquidate physical silver by melting down antiques, heirlooms, and household stockpiles to capture today's prices.In the U.K., precious metals dealers say the volume of silver being scrapped has reached levels they've never seen before.\"I've never known it so busy,\" Brighton-based dealer Michael Bloomstein said to trade publication Antiques Trade Gazette. \"The phone didn't stop ringing over Christmas and we've been inundated since we reopened.\". \"For silver specifically, while nothing is guaranteed, rising economic uncertainty and continued inflation suggest we could see both higher prices and stronger demand in the new year,\" Birch Gold Group financial market strategist Peter Reagan told CBS News.While one side is racing to sell before the window closes, t","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AGQ":"2倍做多白银ETF-ProShares","BK4588":"碎股","BK4585":"ETF&股票定投概念","BK4547":"WSB热门概念","SLV":"白银ETF-iShares","SIVR":"Abrdn Silver ETF Trust","ZSL":"Proshares二倍做空白银ETF","SIL":"Silver Miners Etf"},"translate_title":"“我从来没有这么忙过”：创纪录的价格引发白银抢购实物白银","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AGQ":0.8,"SLV":0.8,"SIVR":0.8,"SIL":0.8,"ZSL":0.8},"content_text":"The surge in silver prices is no longer just a chart story. It's showing up in shop windows, auction houses, and dealer vaults around the world.\nAs silver trades at record highs, dealers across multiple countries are seeing a rush to liquidate physical silver by melting down antiques, heirlooms, and household stockpiles to capture today's prices.\nThat behavior isn't limited to the U.S.\nIn the U.K., precious metals dealers say the volume of silver being scrapped has reached levels they've never seen before.\n\"I've never known it so busy,\" Brighton-based dealer Michael Bloomstein said to trade publication Antiques Trade Gazette. \"The phone didn't stop ringing over Christmas and we've been inundated since we reopened.\" \n\"Some people are coming in with their entire stock,\" Bloomstein continued.\nSilver prices in the U.S. surged above $117 per ounce in late January, extending a year-to-date rally of more than 60%. The move has persisted due to demand triggered by geopolitics, inflation concerns, and industrial consumption. \nSome experts believe the rally may not be finished yet, with prices potentially continuing to climb through 2026.\n\"For silver specifically, while nothing is guaranteed, rising economic uncertainty and continued inflation suggest we could see both higher prices and stronger demand in the new year,\" Birch Gold Group financial market strategist Peter Reagan told CBS News.\nIf what Reagan said is correct, the bigger opportunity may belong to the people who didn't show up to sell, the ones who decided to start building exposure while the rally is still unfolding.\nHistorically, large waves of physical metal liquidation tend to show up after prices have already moved higher, when certainty about today's value outweighs conviction about tomorrow's. It marks a moment when ownership transfers from households and collectors to entities willing to warehouse, refine, or redeploy the metal into industrial and financial channels.\nThat is the reason some market participants view today's behavior less as profit-taking and more as a signal. As physical supply is destroyed and concentrated, exposure shifts toward investors who are still willing to hold the metal itself as an asset.\nThis is becoming more visible as prices stay elevated. While dealers like Bloomstein report lines of sellers trying to lock in gains, others are gaining exposure.\nFor investors who want physical silver the focus shifts to sourcing, custody, and structure. Some choose direct delivery, others prefer to hold IRS-approved metal inside retirement accounts to avoid liquidating positions later under pressure.\nFirms that specialize in physical precious metals operate in this part of the market. They help facilitate ownership and structure access for investors who are thinking beyond the current rush.\nWhile one side is racing to sell before the window closes, the other is positioning as if the window may stay open longer than expected.\nIf you want to explore owning physical silver, talk to a Preserve Gold specialist.\nImage: Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2607030180","isCrawlerRequest":true}