According to the Silver Institute, ongoing geopolitical and economic uncertainties, along with positive price expectations, spurred silver investment in the first half of 2025 driving the metal’s price in June to its highest level in 13 years, according to statistics gathered by the Silver Institute.
The average annual silver price rose 25% through the first six months of 2025, only marginally lower than the average gold price, which increased by 26% during the same period. The elevated gold:silver ratio in April and May also made silver appear undervalued from a long-term perspective.
By June 30, global silver ETP holdings reached 1.13 billion ounces (Boz), just 7% below their highest level since the peak of 1.21 Boz in February 2021. Thanks to firmer silver prices, the value of these holdings hit a series of all-time highs in June, exceeding US$40 billion for the first time. Growth was relatively consistent over the first five months of 2025, before buying surged in June, which alone accounted for nearly half of the gains.
In the row, Augmont Bullion said that on August 29, as Silver September Futures has broken its range and sustained above $38.80 (~Rs 116,000), upside momentum can swing prices towards a new high of $40 (~Rs 120,000).
Jordan Eliseo, General Manager & Luke Tyler, Market and Business Analyst, ABC Bullion said, precious metals surge as silver takes centre stage! It has been a breakout week for precious metals, with gold surging back above USD $3,400oz.
Silver has also been well bid, last trading above USD $39oz, with many market commentators now expecting the precious metal will soon push above the all-important USD $40oz per price point, a level last seen in the 2011 silver mania.
ABC Bullion Trends in Physical Silver Investment physical silver bullion investment continues to be one of the most fundamental areas of global silver demand throughout 2025. Over the last decade and a half, silver bar and coin investment has varied widely, extending from just 157 million ounces (Moz) in 2017 to an all-time peak of 338Moz in 2022. This highlights the white metals high demand side volatility.
As a recent publication by the Silver Institute (Market Trend Report on Key Physical Silver Investment Markets) illustrates, four key markets across the globe, notably the United States, India, Germany and Australia, now account for approximately 80% of total retail investment into physical silver. This indicates an extremely concentrated market, with these countries heavily shaping global silver demand trends we see today.
Looking at overall returns, year to date (YTD), silver (24.6%) is marginally outperforming gold (22.3%) in Australian dollar terms. Silver is also strongly outperforming risk assets, including Bitcoin (14.7%), the ASX 200 (9.3%) and the S&P 500 (9.5%).
India has consistently ranked as the second-largest physical silver investment market and occasionally surpasses the United States. Bars continue to dominate purchases, often linked to festivals and gifting traditions, comprising of 70% of total retail demand (2024). Despite rupee silver prices climbing above Rs.100,000/kg, contributing to a total return in 2024 of 21%, selling back has remained limited. Investor sentiment remains deeply bullish, while the rapid adoption of silver exchange-traded products (ETPs) has broadened market participation.
Offical Facebook account of heerazhaveraat.com, homepage for Trade News, Articles and Promotion of D
Forevermark Diamond Jewellery from De Beers launches in India with its 1st global flagship store in New Delhi! ✨ New identity, campaign #ThisOnesForMe, & bold expansion plans 15 stores in 2025, 100 by 2030.
4
Heera Zhaveraat (HZ International) A Diamond, Watch and Jewellery Trade Promotion Magazine provide dealers and manufactures with the key analytical information they need to succeed in the luxury industry. Pricing, availability and market information in the Magazine provides a critical edge.
