July 23, 2025 - Silver prices have reached a record high over the past 14 years, making the metal an attractive asset for investors and exchange office clients. The rise in prices has been driven by fears of new US tariffs, market shortages, and increased demand for silver as an alternative to gold.
Spot silver rose by 0.3% to $39.40 per troy ounce, the highest since September 2011. Since the beginning of 2025, silver has risen in price by 36%, outperforming gold with its 31% rise. Experts predict that the price could reach $42 per ounce this year.
US tariffs: President Donald Trump's plans to impose 1% duties on copper imports and tariffs on goods from Mexico on August 50 increased the premium on US silver futures. This led to an increase in rental rates on the spot market.
Deficit in the market: The silver market is heading for its fifth year of structural deficit. Industrial demand remains strong, especially in the electronics and solar energy sectors.
Investment interest: Silver, as a more affordable precious metal, is attracting investors looking for an alternative to gold. The gold-to-silver ratio improved to 87 ounces of silver per ounce of gold, the best level in seven months.
Rising silver prices open up new opportunities for investment and exchange. Silver is traditionally considered a reliable asset in times of economic instability. You can buy silver at favorable rates on the page silver purchases.
Experts predict that in the short term, the price of silver may exceed $40 per ounce, but a temporary pullback to $35 is possible before growth continues to $45 in 2026. This makes silver attractive for long-term investment.
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