Current Market Developments
The current upward movement in silver is influenced by several factors and developments that are increasing investor interest in this precious metal. Here are some of the key points that underline the relevance of silver as an investment option:
Price Increases
The silver price has strongly recovered in recent months. On June 5, 2025, it reached a new 10-year high of about $35.80 per ounce. This increase is partly due to the weak US dollar and rising geopolitical tensions.
Geopolitical Tensions
Conflicts such as the one between Ukraine and Russia, as well as tensions in other regions, contribute to the demand for safe assets, positively influencing the silver price.
Economic Factors
The financing of the US budget and the yields on US Treasury bonds can also enhance the value of silver as a safe investment.
Forecasts and Future Outlook
Short-term Forecasts
A consolidation phase is expected for 2025, with price fluctuations between about $29.80 and $36.91 per ounce. By the end of the year, the price could drop to around $31.37.
Long-term Forecasts
By 2030, the silver price could rise to about $73.33, and by 2035 even to $106.60, representing a significant increase compared to the current level.
Technical Analysis
The support lines around $32 and $29-30 are important for long-term price development.
Relevance for Investors
Diversification: Silver offers a way to diversify a portfolio, as it is often viewed as a safe investment.
Long-term Growth Potential: The long-term forecasts indicate significant growth potential, making it an attractive investment option.
Reaction to Market Developments: Silver is sensitive to economic and geopolitical changes, making it an interesting market for investors looking to react to such developments.
Overall, investing in silver is particularly relevant for investors seeking stable and growth-oriented investments due to the current market developments and positive long-term forecasts.