The silver market is currently showing a strong buy signal, primarily driven by the global increase in demand. Key drivers include decarbonization, the growing adoption of electric mobility, and the expansion of high-tech electronics, all of which significantly increase the need for silver as an industrial raw material.
Growing Demand for Silver
Metals Focus forecasts a global silver demand of about 1.21 billion ounces for 2024, underscoring the metal’s importance for investors. Analysts expect this trend to also be reflected in prices: for the year 2025, predictions generally range between approximately $35 and $37 per ounce, with optimistic estimates up to around $39. The price range varies depending on the month and market development, but overall, an upward trend is likely.
Silver vs. Gold
Moreover, experts from the precious metals association see chances that silver could outperform gold in performance in 2025 – despite a continued strong gold rally. This makes silver particularly interesting for investors in German-speaking countries who want to benefit from these structural growth factors.
Investment Opportunities and Conclusion
In summary, there is currently an attractive opportunity for investments in silver due to:
- Strong growth in industrial demand due to decarbonization and electric mobility
- Positive price development expectations with potential price increases nearing $40/ounce
- Expert opinions pointing to an outperformance compared to gold
These factors clearly indicate strong buying interest among investors.