Silver’s moment: Why the white metal could outshine gold in 2025

Silver prices jumped 18% in Q1 2025, and analysts say the rally is just beginning. Why it matters:

Silver’s rare dual role as a precious and industrial metal makes it uniquely positioned to benefit from both safe-haven demand and booming green tech industries like solar, electronics, and semiconductors.

By the numbers:

• 1.20 billion ounces of global silver demand expected in 2025
• 1.05 billion ounces of global supply forecast (+3% vs. 2024)
• Gold-silver ratio: 100:1, signaling silver is historically undervalued
• +10.58% YTD rise in Pan American Silver stock

The big picture:

Silver has a track record of outperforming gold in bull markets. It surged past gold during the pandemic rally of 2020 and again in 2024 (+34% vs. gold’s +26%). Financial author Robert Kiyosaki expects silver’s price to double in 2025.Driving the news:

• Central banks cutting interest rates
• A weakening U.S. dollar
• Rising geopolitical tensions and trade disputes
• Strong green energy and electronics demand

What to watch:

• The gold-silver ratio. A reading over 80:1 often signals strong upside for silver.
• Ongoing sentiment shifts tracked by tools like Acuity’s AssetIQ, which currently shows a bullish outlook on silver.

The bottom line:

2025 could be the year silver outshines gold. Investors watching green energy demand, interest rate cuts, and geopolitical trends could find silver the sleeper hit of the commodities market.