Silver Surges Past $35—What’s Behind It and Where It’s Headed

By Franklin Metals Group

A Major Milestone for Silver

Silver recently broke above $35.82/oz, marking a 13-year high and more than 24% gains year-to-date. While gold has stolen the headlines with its historic run, silver is making equally impressive moves—and for good reason.

With inflationary tailwinds, industrial usage rising, and ongoing supply deficits, silver is showing it can lead just as much as it can follow gold.

What’s Fueling Silver’s Surge?

Silver demand is booming across several sectors. It plays a critical role in solar panels, EV batteries, semiconductors, and clean energy technology. As governments and corporations scale up their climate commitments, silver is becoming more than a hedge—it’s a necessity.

At the same time, silver supply remains constrained. Most silver is mined as a by-product of other metals like copper and zinc. That makes it harder to ramp up output, even when prices rise.

The result? A supply-demand imbalance that has pushed silver into deficit for five years running—and counting.

How Silver Compares to Gold Right Now

While gold is driven largely by central banks and investor flows, silver has a foot in two worlds: financial and industrial. That makes it more volatile, but also gives it unique upside. Many analysts believe silver’s true fair value could sit between $40–$50/oz in this environment.

And as the gold-to-silver ratio narrows, it signals a rebalancing that may boost silver’s value further.

Why This Matters to Franklin Metals Group Clients

Investors: Silver’s dual-purpose nature gives it resilience. It’s a powerful inflation hedge, but also a play on global industry. Diversifying into silver now may offer long-term upside.

Industrial buyers: Expect prices to remain elevated—and potentially volatile. Planning ahead on sourcing and refining strategy is critical in this high-demand market.

Recyclers: Strong silver prices and structural scarcity make this a prime time to recover value from scrap materials.

How Franklin Metals Group Can Help

From certified sourcing to full-service silver recycling, Franklin Metals Group offers custom-tailored solutions for investors, manufacturers, and refiners alike. Our logistics and storage services ensure secure handling from start to finish.

Final Thoughts

Silver is no longer just a sidekick to gold—it’s writing its own rally. With market fundamentals firmly in its favor, and industrial demand at record highs, silver is fast becoming the metal to watch in 2025. Franklin Metals Group is here to help you make the most of it.

Source:
Reuters: Silver’s breakout and industrial fundamentals
reuters.com