Current Market Developments
The current upward trend 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 price of silver has recovered significantly in recent months. On June 5, 2025, it reached a new 10-year high of approximately $35.80 per ounce. This increase is partly due to the weak US dollar and increasing 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 investments, positively affecting the silver price.
Economic Factors
The financing of the US budget and the yields on US government bonds can also increase the value of silver as a safe investment.
Forecasts and Future Prospects
Short-term Forecasts
A consolidation phase is expected for 2025, with price fluctuations between approximately $29.80 and $36.91 per ounce. By the end of the year, the price could drop to about $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 from the current level.
Technical Analysis
The support lines at about $32 and $29-30 are important for the long-term price development.
Relevance for Investors
Diversification: Silver offers a way to diversify the portfolio, as it is often considered a safe investment.
Long-term Growth Potential: The long-term forecasts indicate significant growth potential, making it an attractive investment option.
Response to Market Developments: Silver responds sensitively 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 searching for stable and growth-oriented investments due to the current market developments and positive long-term forecasts.