Gold and silver have proven to be winners in the past week, reaffirming their role as crisis currencies and strategic asset classes. Gold recorded an impressive increase of 3.7% this week, attributed to its traditional function as a safe investment during uncertain economic times.
Current Price Developments and Forecasts
Silver also showed positive development. On Friday, June 6, 2025, the price for an ounce of silver fluctuated between $35.6355 and $36.33, resulting in a trading range of $0.7 or 1.9545% over the day. The last price on Friday was $35.9740, indicating an increase of 0.89% compared to the previous day.
- Gold: The gold price in euros on June 6, 2025, was approximately €2,905.83, representing a decline of 0.79% compared to the previous day. Exact forecasts for gold are not included in the provided information, but it is known that gold is often viewed as a safe investment in times of economic uncertainty.
- Silver: The silver price is expected to consolidate in 2025, fluctuating between $29.80 and $36.91 per ounce. An upward trend is forecasted for 2026, with some sources suggesting a high of around $39.74. In the long term, the silver price could rise to $73.33 by 2030 and to $106.60 by 2035.
Strategic Importance
Both gold and silver are often regarded as crisis currencies, as they serve as safe investment forms during times of economic uncertainty or inflation. Their ability to preserve value and increase in crises makes them attractive options for investors seeking stable investments.
Conclusion
The recent gains of gold and silver highlight their role as strategic asset classes. While gold is traditionally seen as a safe investment, silver shows significant potential for future growth due to its industrial applications and price volatility. Both metals are capable of protecting investors in uncertain times while also offering opportunities for long-term returns.