Peter Krauth, author of “The Great Silver Bull” and editor of the Silver Stock Investor, has predicted that silver will rise to $35 an ounce in 2024. Indeed, in the fourth quarter of this year, silver prices hit a 12-year high since 2012. While it has since retreated to near $30, silver experts, including Krauth, continue to be bullish on silver’s performance in 2025.
According to Silver Institute, the silver market will continue to be in short supply in 2025. Beside that, insiders believe that a series of measures after Trump came to office will also benefit this industrial metal. Trump’s pledge to shorten the licensing period for any business investing $1 billion or more in the United States could end up being a boon for companies in the silver industry.
In a recent email to Investing News Network (INN), Krauth wrote that Tesla acquired solar panel supplier SolarCity and named it Tesla Energy. If Musk uses his new government role, and his close relationship with Trump, it could help mitigate the risks facing Tesla and its solar panel/energy storage business.
Meanwhile, Julia Khandoshko, CEO of Mind Money, also said that Europe and China, the main drivers of the green energy transition, remain committed to clean energy, which has increased silver demand. As a result, global trends will continue to support the use of silver in renewable energy technologies.
Steve Robertson, president of Prismo Metals, noted that silver remains a huge value proposition for investors. The correction in silver prices at this stage provides a good opportunity for investors, while M&A opportunities in the silver market are expected to increase in 2025.
Krauth said higher silver prices could be good news for the M&A market in 2025. Higher commodity prices translate into higher share prices, meaning acquirers can use more valuable shares as currency to buy other companies, and there is expected to be a pick-up in mid-cap and mid-cap deals, including mergers and acquisitions in the exploration sector.
As for the outlook for silver prices in 2025, Khandoshko and Krauth agree with each other. Khandoshko believes silver prices are expected to reach $35 due to supply shortages and increased demand in the coming months. After that, it may fall back slightly to $30. However, she expects silver to rise again, possibly above $50.
Krauth expects silver to return to the $35 level in the first quarter of next year and then reach $40 or more later in the year. He warned investors that there is a serious risk of a sharp correction and recession in the overall market next year. A broad market sell-off could affect silver stocks, but it should only be temporary. In the event of a recession, the lack of industrial demand could adversely affect silver. However, government incentives for green energy and infrastructure may soften the situation.
Overall, 2025 should be a significant year for silver investors.
