Silver Rises Over 120% YTD  Invest Now  arrow small top right

close

The Silver Institute: World Silver Survey 2025

The Silver Institute’s comprehensive World Silver Survey 2025 reveals another year of historic deficit for the white metal, marking the fifth consecutive year of supply shortages. The 92-page report shows the global silver market recorded a deficit of 148.9 million ounces in 2024 (down from 200.6 million ounces in 2023), with industrial demand reaching a new record high of 680.5 million ounces.

Key highlights include:

  • Silver prices averaged $28.27/oz in 2024, up 21% year-over-year and the highest since 2012
  • Industrial fabrication hit another all-time high, driven by solar panels, 5G technology, and automotive electronics
  • Global mine production rose modestly by 0.9% to 819.7 million ounces
  • Physical investment demand fell 22% as Western markets saw profit-taking, though India bucked the trend with a 21% increase

Looking ahead to 2025, the report forecasts continued market deficits (117.6 million ounces) with industrial demand remaining near record levels despite ongoing thrifting in solar applications. The persistent supply shortages, combined with macroeconomic uncertainty and expected U.S. rate cuts, suggest further price strength ahead, though silver may need to wait for above-ground stocks to shrink further before significantly outperforming gold.

Gold bar with rising price chart alongside oil pump jack at sunset with declining price chart, illustrating the gold and oil inverse correlation
Articles

Gold and Oil Move Opposite Ways. Here’s Why That Matters

Gold is trading near $4,700/oz while Brent crude surged past $120/bbl before pulling back sharply. The two commodities keep moving in opposite directions — and the reason reveals something important about protecting wealth in volatile markets. (243 characters)

Read More »
Gold bar resting on financial newspaper — gold price structural bid holds firm amid jobs data and deficit news
News

Jobs Beat, Ceasefire, Deficit: What It Means for Gold

April payrolls smashed forecasts, the U.S.-Iran ceasefire held under pressure, and the OMB projected a $2.065 trillion deficit. Gold barely moved. Five briefs explain why the structural case for physical gold is stronger than any single headline.

Read More »
Why Peace Is Bullish for Gold in 2026 (And War Isn't)
Videos

Why Peace Is Bullish for Gold in 2026 (And War Isn’t)

War usually pushes gold higher. But since Operation Epic Fury began in February 2026, the opposite has played out — gold sells off on escalation and rallies on peace. The reason ties back to fiscal dominance, oil prices, and the path to lower interest rates. This article breaks down the pattern, the macro logic behind it, and what it means for short-term and long-term gold investors.

Read More »

Latest News

Gold bar resting on financial newspaper — gold price structural bid holds firm amid jobs data and deficit news
News

Jobs Beat, Ceasefire, Deficit: What It Means for Gold

April payrolls smashed forecasts, the U.S.-Iran ceasefire held under pressure, and the OMB projected a $2.065 trillion deficit. Gold barely moved. Five briefs explain why the structural case for physical gold is stronger than any single headline.

Read More »
Why Peace Is Bullish for Gold in 2026 (And War Isn't)
Videos

Why Peace Is Bullish for Gold in 2026 (And War Isn’t)

War usually pushes gold higher. But since Operation Epic Fury began in February 2026, the opposite has played out — gold sells off on escalation and rallies on peace. The reason ties back to fiscal dominance, oil prices, and the path to lower interest rates. This article breaks down the pattern, the macro logic behind it, and what it means for short-term and long-term gold investors.

Read More »

Mary

Samantha is wonderful. I was nervous about spending a chunk of money. I asked her to `hold my hand’ and walk me through making my purchase.  
She laughed and guided me through, step by step. She was so helpful in explaining everything... 

A. Howard

Travis was amazing! I was having difficulty with a wire transfer of my life’s savings, and I was very worried that I might not be able to receive it all. My husband just passed away and I’ve been worried about these funds along with grieving for 8 months. As soon as I got connected with Travis, my concerns were immediately addressed and he put me at ease. The issue was resolved within days. He even called me back with updates to keep me in the loop about what was going on with the funds. I am so grateful for a customer representative like Travis. He really cares for his clients.

Sam was also very helpful! I called and was connected to Sam within 30 seconds. She helped me with a fee that was charged to my account. She had a great attitude and took care of the fee quickly.

talk to us

Get in Touch with GoldSilver Experts

    Michael G.

    Outstanding quality and customer service. I first discovered Mike Maloney through his “Secrets of Money” video series. It was an excellent precious metals education. I was a financial advisor and it really helped me learn more about wealth protection. I used this knowledge to help protect my clients retirements. I purchase my precious metals through goldsilver.com. It is easy, fast and convenient. I also invested my IRA’s and utilize their excellent storage options. Bottom line, Mike and his team have earned my trust. I continue to invest in wealth protection and my own education. I give back and help others see the opportunities to invest in precious metals. Thank you.