Analysts at Heraeus Precious Metals, for example, believe that silver will carry much of its strength into the new year. From the beginning of the year to the end of November, the precious metal gained almost 27%. The interest rate cuts have not only lifted the price of gold, but also the price of silver. Industrial demand is of great importance for silver. At most, a recession in the USA in the second half of 2025 could have a negative impact, but we shall see. In any case, demand for silver from the photovoltaic industry is growing steadily. The strong demand from China is particularly noticeable here, as solar is booming. Newer and more powerful solar modules require more silver in their production.
India has also become a strong silver consumer this year after a rather weak 2023. It remains to be seen whether this will continue in 2025. The high gold-silver ratio also suggests that silver is undervalued. Looking at the ratio over the last few decades, according to the Heraeus experts, an ounce of silver should actually cost USD 40 now. It should not be forgotten that the supply of silver has fallen far short of demand three times in a row. At the same time, silver demand from industry reached a record high last year. The majority of investors expect a further shortfall in silver in the coming years. Not least because an increase in supply from the mining sector is not in sight. In any case, the medium-term prospects for silver are positive overall. Above all, if silver overcomes the resistance level of just over USD 32 per troy ounce, the price should continue to rise. This would also be good news for silver companies such as Endeavour Silver and Discovery Silver.
Endeavour Silver - https://www.commodity-tv.com/ondemand/companies/profil/endeavour-silver-corp/ - has projects in Mexico, Nevada and Chile. In Jalisco, Mexico, the company is now developing the Pitarrilla silver, lead and zinc project.
Discovery Silver - https://www.commodity-tv.com/ondemand/companies/profil/discovery-silver-corp/ - owns the excellent Codero project, which has a reserve of approximately 302 million ounces of silver. It is one of the largest silver development projects in the world.
Current company information and press releases from Discovery Silver (- https://www.resource-capital.ch/en/companies/discovery-silver-corp/ -) and Endeavour Silver (- https://www.resource-capital.ch/en/companies/endeavour-silver-corp/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
India has also become a strong silver consumer this year after a rather weak 2023. It remains to be seen whether this will continue in 2025. The high gold-silver ratio also suggests that silver is undervalued. Looking at the ratio over the last few decades, according to the Heraeus experts, an ounce of silver should actually cost USD 40 now. It should not be forgotten that the supply of silver has fallen far short of demand three times in a row. At the same time, silver demand from industry reached a record high last year. The majority of investors expect a further shortfall in silver in the coming years. Not least because an increase in supply from the mining sector is not in sight. In any case, the medium-term prospects for silver are positive overall. Above all, if silver overcomes the resistance level of just over USD 32 per troy ounce, the price should continue to rise. This would also be good news for silver companies such as Endeavour Silver and Discovery Silver.
Endeavour Silver - https://www.commodity-tv.com/ondemand/companies/profil/endeavour-silver-corp/ - has projects in Mexico, Nevada and Chile. In Jalisco, Mexico, the company is now developing the Pitarrilla silver, lead and zinc project.
Discovery Silver - https://www.commodity-tv.com/ondemand/companies/profil/discovery-silver-corp/ - owns the excellent Codero project, which has a reserve of approximately 302 million ounces of silver. It is one of the largest silver development projects in the world.
Current company information and press releases from Discovery Silver (- https://www.resource-capital.ch/en/companies/discovery-silver-corp/ -) and Endeavour Silver (- https://www.resource-capital.ch/en/companies/endeavour-silver-corp/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
