The silver market is facing a strong buy signal and a potential mega-breakout in the years 2024/2025, driven by several factors:
Record Demand
Global silver demand is estimated at about 1.21 billion ounces for 2024, representing the second-highest value since the start of the statistics. This strong demand primarily arises from the fields of decarbonization, e-mobility, and high-tech electronics, such as solar PV, AI hardware, and electric vehicles.
Supply Deficit
Despite a slight increase in supply from recycling and mining production, the supply remains tight. The structural supply deficit persists and leads to a tense market situation. For 2024, a deficit of around 148.9 million ounces is expected, approximately 15% of the global supply.
Price Development
The silver price has already recovered significantly, with an increase of over 21% in 2024 as well as over 26% since the beginning of 2025. Technically, the important mark of around 36 US dollars has been broken – a classic bullish signal with further upward potential up to the range of about 40 to even over 45 US dollars.
Recommended Stock
In light of this fundamental strength, the stock of Silver Tiger Metals Inc. is particularly highlighted as a promising investment for investors looking to benefit from the mega-trend.
In summary: The combination of rising industrial demand, a persistent supply deficit, and technical strength in the market indicates an imminent strong breakout in silver – making this asset class and selected silver stocks like Silver Tiger Metals particularly attractive. Therefore, investors should closely monitor this development and consider appropriate positions in their portfolios.