According to the latest report by the Silver Institute, silver investments increased significantly during the first half of 2025. This growth was driven by geopolitical and economic tensions that pushed the metal's prices to their highest levels in 13 years.
Analysts at the Institute report that the metal's average annual price has risen by 25% this year, slightly trailing gold's 26% growth over the same period. Furthermore, experts note improved sentiment in the industrial metals sector following the start of trade negotiations between the US and China.
With a net inflow of 95 million ounces in Q1 2025, silver investments in ETPs have already surpassed the total volume for the entire previous year, according to the organization's specialists. By June 30, global silver holdings under ETP management reached 1.13 billion ounces—just 7% below the February 2021 peak of 1.21 billion ounces.
On Thursday, silver prices rose to $37.09 per ounce. However, the Institute's experts express concerns about these developments, noting that the market may be seeing profit-taking behavior among investors.