Displaying items by tag: silver

The Silver industry is benefiting from a strong rally in silver prices, driven by rising industrial demand, especially from solar, electronics, and EV applications, and a fifth consecutive year of global supply deficits. Silver’s recent designation as a U.S. critical mineral is increasing its strategic importance and attracting more investment to the sector. 

Despite cost pressures from energy, labor, and materials, mining companies are improving efficiency through technology and disciplined cost management. 

Silver mining stocks have surged 79% over the past year, far outperforming both the broader materials sector and the S&P 500. Given this backdrop, companies like Fresnillo, Pan American Silver, Hecla Mining, and First Majestic Silver are well-positioned due to expanding production, strong assets, and meaningful earnings growth expectations.

Finsum: The industry’s strong momentum is reflected in its near-term prospects, and these stocks could benefit. 

So far in 2025, silver has climbed over 20%, breaking through $36 per ounce in early June for its highest price in 13 years, while gold has also soared, reaching a record $3,500 in April and gaining nearly 28% year to date. Both metals have attracted investors seeking safety amid global uncertainty, with gold up 47% from June 2024 to June 2025 and silver rising 23% in the same period. 

Analysts see reasons for silver to potentially outperform gold later this year, pointing to strong industrial demand, ongoing supply deficits, and its status as a leveraged monetary hedge. 

Bank of America forecasts silver reaching $40 and gold $4,000 by year-end, while other experts predict silver could even break $49 per ounce by 2025. However, risks remain, including a possible global recession reducing industrial demand, a stronger dollar, and the impact of high interest rates that could hurt all precious metals. 

Finsum: While gold’s rally might be priced in, silver’s combination of industrial and monetary appeal could help it close the gap in the coming months.

Silver surged to its highest level in 13 years and platinum hit peaks not seen since early 2022, as investors piled into industrial precious metals amid strengthening fundamentals and market momentum. Both metals extended sharp gains from the prior session, with silver rallying past $36 an ounce and platinum climbing nearly 3%, while gold pulled back slightly following stronger-than-expected U.S. jobs data that cooled rate-cut expectations. 

Renewed physical demand—especially for silver in India and platinum in China—has supported the rally, alongside a tightening supply outlook that’s pushing both markets toward deficits this year. 

Silver’s role in solar panel production and platinum’s use in auto catalysts and lab equipment continue to anchor their industrial relevance, fueling investor interest. Analysts note that holding silver above $35 could reignite retail demand, while platinum-backed ETFs are seeing a resurgence, hinting at a broader speculative move. 

Finsum: With palladium also joining the rally and ETF inflows rising, the precious metals space is regaining serious momentum even as gold temporarily steps back.

(New York)

Wells Fargo’s head of real asset strategy John LaForge says gold could hit…see the full story on our partner Magnifi’s site

(New York)

It took almost ten years, but gold finally just passed its nominal all-time high (set way back in 2011 during the European debt crisis). That is not a good sign for the market. Gold is rising because of increasing worries about a prolonged economic downturn caused by a renewed COVID second wave. Gold hit $1,944 per troy ounce today, cruising past its previous high of $1,921 per ounce. “Gold has finally come on to Main Street as an asset people actually need to have”, says the CEO of Sprott, a precious metals specialist.

FINSUM: Gold has been helped by fears over the economy, and the fact that rates are near zero, which flatters zero-yielding gold.