Silver is a precious metal used as a key material across various industries such as electronics, solar energy, medical devices, batteries, and sensors. It also has high demand as an investment asset, attracting many individual investors.
As of April 8, 2024(, the trading price of silver is approximately $30.39. Over the past year, it has increased by 9.08%, and since the beginning of this year, it has risen by 5.05%. Although it has shown a gradual upward trend since the start of the year, recent volatility has expanded significantly, with a decline of over 10% in the past week due to concerns over global economic slowdown and trade disputes.
Major Variables Influencing Silver Prices
Silver prices are affected by various macroeconomic and industry factors:
Industry Demand: Growing real demand from advanced industries is a primary factor driving silver prices higher.
Investment Capital Inflows: Increased investment demand for silver ETFs, physical silver, and silver deposit products pushes prices upward.
Supply Changes: Fluctuations in production from major producers like Mexico, China, and Peru directly impact international market prices.
Inflation Environment: During inflationary periods, increased preference for tangible assets boosts silver demand.
Interest Rates: Lower benchmark interest rates enhance the relative attractiveness of precious metals that do not generate interest income.
US Dollar Strength: A weaker US dollar increases demand for dollar-denominated silver products.
Geopolitical Risks: International conflicts or financial crises tend to increase demand for silver as a safe-haven asset.
Precious Metal Market Correlation: Silver tends to rise in tandem with gold prices.
Mining Cost Increases: Rising mining costs set a long-term lower bound for silver prices.
Market Sentiment: Short-term speculative trading can amplify price volatility regardless of actual supply and demand fundamentals.
Silver Price Scenario Analysis for 2025
) Expert Price Forecasts
Various global financial institutions and analysts have provided the following predictions for silver prices in 2025:
Institution
Target Price
Citi Group
$40
JP Morgan
$38
Saxo Bank
$40
PricePrediction###PricePrediction.net(
$47.48
InvestingHaven)InvestingHaven(
$48.20~50.25
) Technical Analysis
According to StockInvest’s analysis on April 7, the potential for a 10.55% increase over the next three months is evaluated, with an expected range of $32.75 to $38.44.
Key technical levels:
Short-term support: $29.62
Important support level: $29.87
Resistance levels: $32.48 / $32.79 / $38.00
Reaching the target of $32.75~$38.44 from the current price of $30.38 is quite feasible. Considering that Citi Group, JP Morgan, and Saxo Bank all suggest $38~$40, the likelihood of reaching these levels is high.
However, given the recent 10.84% decline in the past week, caution is advised until a clear upward trend is confirmed. Flexible strategies such as sideways trading or short selling are recommended.
Strengths and Weaknesses of Investing in Silver
Item
Advantages
Risks
Safe-Haven Asset
Preserves value during economic crises
Lower trust compared to gold
Volatility
Opportunities for short-term profits
Higher risk of losses
Real Demand
Long-term industrial demand in solar, medical, etc.
Demand may decrease during economic slowdown
Investment Product Diversity
Wide options including physical, futures, ETFs, ETNs
Costs for physical storage may arise
Trading Convenience
Digital trading without physical handling
Physical trading can be cumbersome
Entry Barrier
Cheaper than gold, accessible for small investors
Lower status as a long-term asset
Portfolio Effect
Low correlation with stocks and bonds
Limited as a simple hedge
Speculative Nature
Profit opportunities from demand fluctuations
Sudden sharp declines possible
Characteristics and Selection Criteria for Different Silver Investment Methods
Depending on experience level and investment goals, various investment options are available:
Exchange-Traded Funds (ETFs)
Easy to buy and sell like stocks
Can start with small amounts
Choose currency-hedged products to eliminate FX risk
Incurs management fees
Exchange-Traded Notes (ETNs)
Leverage products offering higher returns
Multiple leverage options available
Credit risk of issuing institution
Physical Silver
Actual ownership of assets
Useful in crisis situations
Storage and transportation costs
Complex trading procedures
Silver Deposit Accounts
No need to hold physical silver
Simple trading via deposit accounts
Limited trading strategies
CFD via Brokerage Platforms
Maximize profits through leverage
Can set positions in both rising and falling markets
Support on mobile and PC platforms
Requires professional knowledge
For beginners, starting with simple and convenient products like ETFs or silver deposit accounts is recommended. If you have a good understanding of the market and can bear storage costs, physical silver can also be a profitable option. Investors with sufficient knowledge of derivatives can adopt more aggressive trading strategies using CFDs.
Conclusion: A Wise Approach to Silver Investment
Silver can be both an opportunity and a risk due to its high volatility. It is essential to clearly understand your risk tolerance and comprehensively review supply-demand dynamics and macroeconomic indicators before investing.
While many experts predict silver prices could rise to $38~$40 in 2025, the recent high-volatility environment underscores the importance of cautious position management and diversified entry strategies. Consider your investment experience and available capital to choose appropriate products and timing.
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Essential information for investment beginners: latest prices, profit strategies, market outlook for 2025
The Value and Current Situation of Silver
Silver is a precious metal used as a key material across various industries such as electronics, solar energy, medical devices, batteries, and sensors. It also has high demand as an investment asset, attracting many individual investors.
As of April 8, 2024(, the trading price of silver is approximately $30.39. Over the past year, it has increased by 9.08%, and since the beginning of this year, it has risen by 5.05%. Although it has shown a gradual upward trend since the start of the year, recent volatility has expanded significantly, with a decline of over 10% in the past week due to concerns over global economic slowdown and trade disputes.
Major Variables Influencing Silver Prices
Silver prices are affected by various macroeconomic and industry factors:
Industry Demand: Growing real demand from advanced industries is a primary factor driving silver prices higher.
Investment Capital Inflows: Increased investment demand for silver ETFs, physical silver, and silver deposit products pushes prices upward.
Supply Changes: Fluctuations in production from major producers like Mexico, China, and Peru directly impact international market prices.
Inflation Environment: During inflationary periods, increased preference for tangible assets boosts silver demand.
Interest Rates: Lower benchmark interest rates enhance the relative attractiveness of precious metals that do not generate interest income.
US Dollar Strength: A weaker US dollar increases demand for dollar-denominated silver products.
Geopolitical Risks: International conflicts or financial crises tend to increase demand for silver as a safe-haven asset.
Precious Metal Market Correlation: Silver tends to rise in tandem with gold prices.
Mining Cost Increases: Rising mining costs set a long-term lower bound for silver prices.
Market Sentiment: Short-term speculative trading can amplify price volatility regardless of actual supply and demand fundamentals.
Silver Price Scenario Analysis for 2025
) Expert Price Forecasts
Various global financial institutions and analysts have provided the following predictions for silver prices in 2025:
) Technical Analysis
According to StockInvest’s analysis on April 7, the potential for a 10.55% increase over the next three months is evaluated, with an expected range of $32.75 to $38.44.
Key technical levels:
Reaching the target of $32.75~$38.44 from the current price of $30.38 is quite feasible. Considering that Citi Group, JP Morgan, and Saxo Bank all suggest $38~$40, the likelihood of reaching these levels is high.
However, given the recent 10.84% decline in the past week, caution is advised until a clear upward trend is confirmed. Flexible strategies such as sideways trading or short selling are recommended.
Strengths and Weaknesses of Investing in Silver
Characteristics and Selection Criteria for Different Silver Investment Methods
Depending on experience level and investment goals, various investment options are available:
Exchange-Traded Funds (ETFs)
Exchange-Traded Notes (ETNs)
Physical Silver
Silver Deposit Accounts
CFD via Brokerage Platforms
For beginners, starting with simple and convenient products like ETFs or silver deposit accounts is recommended. If you have a good understanding of the market and can bear storage costs, physical silver can also be a profitable option. Investors with sufficient knowledge of derivatives can adopt more aggressive trading strategies using CFDs.
Conclusion: A Wise Approach to Silver Investment
Silver can be both an opportunity and a risk due to its high volatility. It is essential to clearly understand your risk tolerance and comprehensively review supply-demand dynamics and macroeconomic indicators before investing.
While many experts predict silver prices could rise to $38~$40 in 2025, the recent high-volatility environment underscores the importance of cautious position management and diversified entry strategies. Consider your investment experience and available capital to choose appropriate products and timing.