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Silver Prices Surge to 13-Year High Amid Demand

6/7/2025

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Story summary
  • Silver prices hit a 13-year high at $36.07 per ounce, rising 2.6% on Thursday.
  • Analysts credit the increase to technical momentum and heightened demand for safe-haven assets.
  • Recent inflows into silver-backed ETFs reached 2.2 million ounces.
  • Year-to-date, silver's gains remain below gold's 30% increase.
  • A supply deficit for silver is anticipated in 2024 and 2025.