Silver Hits $53 — Up 3.4% in 24 Hours 
Silver has surged nearly 25% year-to-date in 2025, breaking above $35/oz to reach decade highs around $38. The rally is driven by a persistent supply deficit that has lasted seven consecutive years, with a cumulative shortfall of almost 800 million ounces since 2021.
Industrial demand, particularly from solar panels and electronics, accounts for 59% of silver usage and continues growing. With the gold-to-silver ratio at 91 (versus historical average of 67), silver appears undervalued.
Diminished freely-traded inventories have created conditions for a potential “silver squeeze,” where even modest demand increases could trigger sharp price spikes.
![Is Now the Best Time to Buy Silver? [Silver 2025–2030 Forecasts]](https://goldsilver.com/wp-content/uploads/2025/11/price-of-silver-300x155.jpg)
