Silver Prices

09-12-2025 - Over the past month, silver prices have experienced a notable increase, climbing from $47.794/oz to $57.779/oz. This rise suggests strong market demand or potential supply constraints affecting silver prices. The forecast anticipates further growth, projecting silver to reach $59.35/oz, a 2.7% increase from the current price of $57.779/oz. This indicates a continued upward trend, although market volatility could impact raw material prices.

The forecast highlights upward price pressure driven by technical data, including futures curves and traders' positions. However, this is somewhat counterbalanced by negative pressure from exchange rate flows, resulting in mixed signals. Recent analyses support a bullish outlook for silver, aligning with the forecast of $59.35/oz for the coming month. A report by MLQ.ai notes that Comex silver futures hit a record high of $41.99/oz on September 2, 2025, fueled by strong global demand and expectations of a U.S. Federal Reserve interest rate cut.

Silver prices have risen for five consecutive sessions, marking a year-over-year increase of over 44%. This upward momentum is largely driven by increased industrial demand, particularly from China's solar sector, and investors seeking safe-haven assets amid geopolitical and monetary policy uncertainties.