No change of the indicator value may reduce the volatility of the related markets.
No change of the indicator value may reduce the volatility of the related markets.
India's gold imports plunged 40% year-on-year in June to just 21 tons, their lowest level since April 2023, as domestic prices soared to unprecedented levels. Government and industry sources attributed the sharp decline to waning consumer demand amid record costs.
According to Citigroup Inc., silver prices will climb up in the coming months, surpassing $40 per ounce, driven by a tightening global supply and robust investment demand.
Despite reaching a resistance level of $39 per ounce, silver has the potential to rise to new peaks, according to Solomon Global analyst Nick Cowley. He predicts prices will go up to $40 per ounce before reaching the August–September 2011 highs of $43.35 and $44.24.
Gold prices have dipped slightly recently. However, a weaker US dollar could help push the yellow metal higher again. Meanwhile, silver prices are rising due to record demand for semiconductors, according to Heraeus analysts.
The price of silver keeps growing impressively, approaching a 14-year high. According to Macquarie analysts, the metal's value could peak by 2026.
Silver rose 1.4% during Asian trading after last week's 4% increase, which pushed the metal to a 14-year high. Investors worry that new US tariffs could tighten supply, Bloomberg reports.
Silver is once again attracting close attention of investors. At the beginning of last week, prices for the metal tried to break above the $37 per ounce mark. Since Thursday, silver has steadily moved upward, rising above $38 by Friday.
A decrease of the indicator value may contribute to the fall in quotes of Silver.
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.
Silver prices continue to hold above the $36 per ounce mark amid increased investment demand for the precious metal. As Sprott Asset Management CEO John Ciampaglia noted, silver was previously significantly undervalued compared to gold, but the situation is now starting to change.
Silver is not just a precious metal, but also an important asset in the financial sector.
Silver is more than jewelry, it is an essential part of the global economy. Staying up-to-date on the latest silver news allows investors and traders to have a better understanding of how prices are changing so they can use this information to guide their investments and financial decisions.