🚨🚀Silver is close to reaching US$ 50 📈 since 1980, but has not yet reached that value 💸. However, the current price of US$ 47.90 per ounce 💰 is very close to the historical record of US$ 49.51, reached in April 2011 📆. The rise of silver in 2025 is driven by factors such as:
- *Demand for protective assets*: economic and geopolitical uncertainties are increasing the demand for precious metals 🚨
- *Falling real interest rates*: lower interest rates enhance the appeal of precious metals 💸
- *Weaker dollar*: a weaker dollar makes commodities priced in USD cheaper for foreign buyers 💰
- *Strong industrial consumption*: the demand for silver in solar panels, electronics, and clean energy is increasing 🌞💻
Moreover, the supply of silver is struggling to keep up with demand, with a deficit of 187 million ounces projected for 2025 📊. Some analysts believe that silver could reach US$ 50 soon 🔮 and even US$ 75 or US$ 100 if physical scarcity intensifies 🚀.