US Edition
Silver’s Hot Streak Gathers Pace; Market at Highest Since 2011
GLOBAL SILVER MARKET, JUL 22 – Silver prices rise nearly 36% this year, driven by record investment inflows and growing industrial demand from green technologies, amid a softer US dollar and trade tensions.
- On Wednesday, silver prices surged to their highest in almost 14 years, Polina Devitt and Sherin Elizabeth Varghese said, reaching $39.40 per troy ounce at 1354 GMT.
- Demand from manufacturers remains solid, while analysts noted industrial demand is heading for its fifth year of structural market deficit, with silver mine output still lagging behind demand and no signs of relief in supply tightness.
- ETF flow data reveal that June and early July brought steady inflows into silver-backed funds before recent outflows, confirming market signals and underscoring the uptrend.
- Investor attention shifted, with Bas Kooijman, CEO of DHF Capital S.A., noting the metal benefits from structural demand and anticipation of Federal Reserve policy shifts ahead of Chair Jerome Powell’s key speech, and markets remained focused on global trade negotiations ahead of the August 1 deadline.
- Looking ahead, Nitesh Shah said, 'But with positioning stretched, we would not be surprised if it fell back to $35/oz, before it starts its march higher to $45/oz next year,' and analysts expect silver to test $40/oz in the coming weeks.
16 Articles
16 Articles
Precious Metal Prices Surge Amid Geopolitical and Economic Uncertainty
Via Metal Miner The Global Precious Metals MMI (Monthly Metals Index) rose by 6.18% month-over-month. The past 30 days have seen precious metals prices climb steadily, underscoring a volatile commodities environment for U.S. manufacturers and metal buyers. Gold remains near record highs, while silver, platinum and palladium each enjoyed strong rallies from mid-June to late July. These moves come amid shifting economic currents, including a softe…
Silver’s hot streak gathers pace; market at highest since 2011
By Polina Devitt and Sherin Elizabeth Varghese (Reuters) -Silver prices surged to their highest in almost 14 years on Wednesday, aided by worries about U.S. tariff policy, signs of tightness in the spot market and growing investor interest in alternatives to gold. Spot silver was up 0.3% at $39.40 per troy ounce as of 1354 GMT, its highest level since September 2011. Silver, both a precious and industrial metal, is up 36% this year, outperformin…
Silver Holds Steady Near $39 as Fundamentals Drive Relentless Uptrend
As of July 23, 2025, silver maintained its position near $39.25 per troy ounce according to the charts published by major exchanges and reporting agencies. Markets reported robust trading activity across all key global hubs during the previous day and the night, reflecting persistent industrial and investment demand. The last twenty-four hours saw volumes staying […]
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