Gold and Silver as Winners
Gold and silver have recently proven to be winners, benefiting from supply shortages and an increased need for security. Both precious metals have underscored their role as crisis currencies and strategic asset classes, making them attractive options for private investors.
Gold
- Current Price: Gold is currently at about $3,311 per ounce.
- Weekly Change: Gold recorded an increase of 0.58% in the past week.
- Long-term Perspective: Gold is often seen as a safe investment, especially in times of economic uncertainty. Its price development is influenced by factors such as interest rates, inflation, and geopolitical tensions.
Silver
- Current Price: The silver price is currently at about $32.37 per ounce.
- Weekly Change: Silver achieved an impressive increase of 9.0% in the past week.
- Short-term Forecasts: For June 2025, a silver price between $29.82 and $35.24 is expected, with an average price of about $33.56.
- Long-term Forecasts: By 2030, the silver price could rise to about $73.33, indicating sustainable recovery.
Factors for Price Development
- Supply Shortages: Both precious metals benefit from supply shortages created by increased demand and limited extraction.
- Need for Security: In times of economic uncertainty, investors seek safe investments, increasing the demand for gold and silver.
- Inflation and Interest Rates: Changes in interest rates and inflation affect the attractiveness of precious metals as investment options.
Investment Opportunities
The recent gains in gold and silver could offer interesting investment opportunities for private investors. In particular, silver, which is often seen as more industrially versatile and volatile than gold, could be attractive due to its strong price movements. Nevertheless, investors should carefully weigh market dynamics and long-term forecasts to make informed decisions.