INVESTMENT experts have warned that investors ignoring silver risk missing out on a “golden opportunity” and that they should reassess their portfolios, with the metal breaking decisively above $39/ounce last week— and closing in on the symbolic $40 target. The metal is now within touching distance of the all-time highs achieved in 2011.
They say we may be at the beginning of an acceleration phase in the silver market, potentially propelling the metal above $50 in the next two quarters, as it is undervalued relative to gold. Amercian businessman and author, Robert Kiyosaki, has even predicted $70 silver by the end of 2025.
John Woolfitt, Director at Atlantic Capital Markets, said the drive in the price of silver is being fuelled by two key factors: “Firstly, silver’s position as a safe haven asset is clearly appealing in current times. Secondly, there is persistent demand for it as an industrial metal, coupled with constant supply deficits. Silver is a key component in the manufacture of solar panels and EV’s, with the two sectors alone using over 300m tonnes of silver over the past 12 months.”
He continued: “Though the case is bullish, buying an asset whilst at its highest price in 13 years can be a dangerous move in the short term. However, if we continue to drive forward with EV’s and solar panels, demand will continue to be there, adding further strength to the price.”
“Golden” opportunity for silver investors
Anita Wright, Chartered Financial Planner at Ribble Wealth, believes there is potential upside for silver well beyond its current level and that the spike could be dramatic and fast, offering “a golden opportunity” for those already with exposure to the metal — but leaving latecomers chasing a runaway market: “Historically, silver has trailed gold in timing but exceeded it in magnitude — and this dynamic is beginning to play out again.
“This particular bull market in precious metals is different, driven by fiat currency debasement, record sovereign debt and a loss of faith in traditional monetary tools. Silver-focused miners are also breaking out relative to gold, with some expected to triple in relative value over the next year. This is further reinforced by the weakening US Dollar.
“For investors, this suggests an urgent need to reassess portfolio allocations. As general equities come under pressure and monetary policy becomes more reactive, capital is likely to seek refuge in tangible assets. Silver stands out not only for its historical monetary role but for its explosive upside potential relative to gold. $40 may be a symbolic breakthrough but $50 is also realistic.”
“Silver’s on a tear right now”
Prem Raja, Head of Trading Floor at Currencies 4 You, said silver has a safe haven appeal in the current turbulent geopolitical climate: “Silver’s on a tear right now, hitting new highs and on target for the $40 target, which is now looking very achievable. There are a few reasons why. A weaker US dollar, the potential for future Fed rate cuts and the metal’s growing role in green tech like EVs and solar panels have all helped fuel demand. It’s also catching up to gold, which has already hit record highs, and many investors see silver as the more affordable play with room to run. I’m getting asked whether it’s worth adding to a portfolio, and the answer depends on your goals.
“You can get exposure through physical silver, ETFs, mining stocks, or even silver-linked crypto. Each has its pros and cons depending on how hands-on you want to be. Silver does carry more volatility, but its blend of industrial use and safe-haven appeal makes it an interesting diversifier, especially in today’s uncertain environment.”
Samuel Mather-Holgate, Independent Financial Adviser at Mather and Murray Financial, agreed that decarbonisation is a key driver of the rising price: “Silver is soaring because of the demand created by nations decarbonising and needing this versatile metal for products like EV cars and solar panels. However it’s further buoyed by a weak US dollar.
“Buying the direct commodity carries unnecessary risk as you can get exposure through shares in miners that diversify your investment into other in demand metals such as copper. It’s difficult to say if silver has further to go but demand should remain high as consumers switch to more environmentally friendly products.”
Tony Redondo, Founder at Cosmos Currency Exchange, shared much the same view: “Silver’s rally is robust, fuelled by strong supply and demand fundamentals including industrial demand for solar and EV’s, supply deficits, safe haven buying amid geopolitical tensions, expected Fed interest rate cuts, rising inflation and a high gold to silver ratio suggesting silver is still underpriced. Diversifying via ETFs or physical silver may suit most investors, while futures are riskier.”
A note of caution
While accepting there’s certainly potential for upside, Scott Gallacher, Director at Rowley Turton, sounded a note of caution: “Silver’s recent rally is being fuelled in part by gold’s record-breaking run—investors are now looking for the “next one,” and silver is often seen as the cheaper, catch-up trade. Historically, it lags gold before surging, so some see this as silver’s time to shine.
“That said, anyone buying in now should be cautious. You may be arriving late to the party, with silver already at a 13-year high. And while silver’s mix of safe-haven status and industrial demand—from solar panels to electric vehicles—is compelling, it also makes it more volatile. There’s potential upside, but it won’t be a smooth ride.”
