Spot Silver Rises 1.00% to $64.49 an Ounce

Silver's move is notable less for the headline percentage than for the level: at $64.49, the metal is trading in territory that keeps it firmly in the precious-metal hedge conversation alongside gold, not just as an industrial input. That framing matters for the RWA and tokenized-metals space, where silver products compete for the same allocation dollars as gold-backed instruments. The open question is whether this is a broad hard-asset bid or a narrow one — if gold is moving in tandem, the hedge narrative holds; if silver is running alone, it looks more like a tactical trade than a structural shift.