Silver has risen more than sixty percent in 2025. It now sits within touching distance of the fifty dollar level, a price that has acted as resistance for nearly half a century. In 1980, it was the Hunt brothers’ attempt to corner the market that drove silver close to fifty dollars. In 2011, it was the financial crisis and the wave of distrust in the banking system. Today, silver is once again testing that threshold, but this time the drivers are different.
In this week’s episode of GoldCoreTV, Jan Skoyles presents a clear analysis of what is behind silver’s remarkable rally and what could happen if the market finally breaks through fifty dollars.
She explains how two engines are propelling silver higher. The first is safe haven demand, amplified by political dysfunction in the United States, the ongoing government shutdown, falling bond yields and a weakening dollar. Investors are seeking security outside of traditional financial assets, and silver’s smaller market makes it more volatile and more explosive than gold in these conditions.
The second is industrial demand. Silver is essential for solar panels, electric vehicles, semiconductors and data centres. These uses are not discretionary. They are tied into the fabric of the global economy. Yet supply cannot keep up. For the fifth year in a row, the silver market is in deficit, with London vault stocks continuing to decline. The available pool of silver that can actually be mobilised quickly is shrinking and this has already led to higher borrowing costs and strains in the futures market.
Jan also examines a new political wildcard. The United States Geological Survey has, for the first time, placed silver on its draft list of critical minerals. If this designation is finalised later in the year, it could lead to government stockpiling, subsidies for domestic mining and accelerated permitting for new projects. With the United States importing more than seventy percent of the silver it consumes and much of the refining capacity located in China, this policy shift could have lasting implications for both supply and price.
What makes this moment particularly compelling is not only the convergence of safe haven and industrial demand, but also the potential for investor psychology to take over. Fifty dollars is not just a number. It is the Everest of silver’s price history. If that barrier is broken, history suggests that the move which follows could be fast and dramatic, with prices advancing well beyond fifty as new waves of capital enter the market.
We invite you to watch Jan’s full presentation on GoldCoreTV, where she explains why silver’s current position may represent a generational moment for the market.
Buy Gold Coins
Buy gold coins and bars and store them in the safest vaults in Switzerland, London or Singapore with GoldCore.
Learn why Switzerland remains a safe-haven jurisdiction for owning precious metals. Access Our Most Popular Guide, the Essential Guide to Storing Gold in Switzerland here.
Receive Our Award Winning Market Updates In Your Inbox – Sign Up Here
