The confluence of factors such as US interest rates, geographical political conditions and uncertainties around Trump policies supports precious metals. Silver prices are expected to be well supported.
The release states that the US interest rate is expected to follow the following pace for 2025, though it is slowly pace. Nearby medium -term interest rates are a decisive determiner to demand precious metals. The geographical political situation is expected to remain liquid in the near term and the Trump administration’s trade policies are expected to encourage the demand.
The long-term view of the commodity is determined by the demand-supplement scenario. Silver supply has been in deficit for the last four years. The supply of CY24 is estimated at 1,004 million Ounce Ts while the demand is estimated to be 1,219 million Ounce Ts. Most of this demand (60%) comes from industrial dysfunction. Silver receives elaborate applications in electronic devices, circuit boards, solar panels and electric vehicles batteries.
Adoption of such EV and green energy is going to get traction, expected to remain strong, with silver industrial dysfunction.
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Silver is showing signs of a relatively high speed, trying to break the level of silver $ 33. Silver is expected with various industrial dysfunction uses that the current level will lead to the US $ 36.60, US $ 38.70 and US $ 39.30.
Investing in silver funds with a horizon of 12 to 18 months is likely to be a proper proposal. Another technical factor of import is the gold-silver ratio. At the current price, the gold-silver ratio rotates around the 90 mark, showing relative cheapness in silver prices. If the ratio is to go back to its long -term range of 50 to 70, it translates to strengthen silver prices in the medium term.
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