Silver Prices Surge in 2025, Nearing All-Time Highs
Silver prices are soaring in 2025, nearing record highs. The precious metal has surged over 46% in the last year and jumped over 60% so far this year, reaching around $47 per ounce. Investors are snapping up silver, viewing it as undervalued compared to gold.
The rally in silver prices is being driven by various factors. Physical investment and industrial use are key demand components. The US government shutdown is also fuelling safe-haven demand for precious metals, including silver. Additionally, the US Department of the Interior is considering classifying silver as a critical mineral.
Silver is approaching its 14-year high of $48.70 per ounce, set in 2011, and its all-time high of $49.95 per ounce, reached in 1980. Market analysts predict that demand will exceed supply in 2025, potentially stabilizing prices for the fifth consecutive year.
India is a significant driver of this demand. It has shown keen interest in acquiring physical silver, with imports reaching over 6,000 tons in the first eight months of 2025. Reduced import tariffs and increased industrial and investment demand are contributing to this surge. While China also contributes through solar capacity expansions, India remains the primary driver.
Silver prices are rising significantly in 2025, nearing all-time highs. This is driven by increased demand from investors, industries, and countries like India. The US government's actions are also influencing the market. If demand continues to outstrip supply, prices could stabilize at high levels.
