As of data collected until Tuesday morning, the world's largest silver ETF -- iShares Silver Trust (SLV) increased its holdings by 533.01 tons compared to the previous day, marking the largest single-day increase since January 2023, with the current holdings at 16599.25 tons.
The year 2025 is set to be a historic year for precious metals, as both gold and silver have broken previous records. While the 70% increase in gold is impressive, silver's triple-digit performance this year has easily surpassed gold's returns. Precious metals provide a compelling hedge against market volatility, persistent inflation, and geopolitical tensions.
This explosive rise in silver this year is driven not by a single factor, but by a powerful fusion of fundamentals and macroeconomic forces.
Notably, according to a report by Forbes, after years of outflows, investment capital is surging back into silver in 2025 through ETFs and other instruments, amplifying price movements. Clearly, multiple silver ETFs have achieved returns of around 100% or higher this year, and significant inflows into ETFs are often considered a key driver of price increases.
Analysts maintain a generally constructive view of silver's trajectory as it enters the new year, while warning that after a rapid rise in 2025, the pace of increases may slow. A structural supply-demand deficit is expected to persist, providing a solid foundation for prices.
From an investment perspective, major institutions continue to see upside potential. For instance, BNP Paribas outlined a scenario where silver prices could reach $100 per ounce by the end of 2026.
It is worth noting that silver's performance in 2025 has already exceeded the price targets for 2026 set by several major banks, including JPMorgan's forecast of $58. While this indicates an early onset of a surge, it also highlights the power of the driving fundamentals.
Market sentiment reflects this optimism, as a survey conducted by Kitco News this month of 352 retail investors revealed that over 50% of retail traders predict silver will once again be the best-performing metal in 2026.
In short, the story of silver has evolved from a mere precious metal play to a direct bet on global electrification and technological advancement.
Fxstreet states that the broader technical structure appears firmly tilted towards bullish traders, indicating that the path of least resistance for silver remains to the upside.
The year 2025 is set to be a historic year for precious metals, as both gold and silver have broken previous records. While the 70% increase in gold is impressive, silver's triple-digit performance this year has easily surpassed gold's returns. Precious metals provide a compelling hedge against market volatility, persistent inflation, and geopolitical tensions.
This explosive rise in silver this year is driven not by a single factor, but by a powerful fusion of fundamentals and macroeconomic forces.
Notably, according to a report by Forbes, after years of outflows, investment capital is surging back into silver in 2025 through ETFs and other instruments, amplifying price movements. Clearly, multiple silver ETFs have achieved returns of around 100% or higher this year, and significant inflows into ETFs are often considered a key driver of price increases.
Analysts maintain a generally constructive view of silver's trajectory as it enters the new year, while warning that after a rapid rise in 2025, the pace of increases may slow. A structural supply-demand deficit is expected to persist, providing a solid foundation for prices.
From an investment perspective, major institutions continue to see upside potential. For instance, BNP Paribas outlined a scenario where silver prices could reach $100 per ounce by the end of 2026.
It is worth noting that silver's performance in 2025 has already exceeded the price targets for 2026 set by several major banks, including JPMorgan's forecast of $58. While this indicates an early onset of a surge, it also highlights the power of the driving fundamentals.
Market sentiment reflects this optimism, as a survey conducted by Kitco News this month of 352 retail investors revealed that over 50% of retail traders predict silver will once again be the best-performing metal in 2026.
In short, the story of silver has evolved from a mere precious metal play to a direct bet on global electrification and technological advancement.
Fxstreet states that the broader technical structure appears firmly tilted towards bullish traders, indicating that the path of least resistance for silver remains to the upside.