07/05/2026
Silver is the new gold, its more affordable and prices are expected to reach record highs by 2030.
The price of silver more than doubled in 2025.
Many experts believe silver's price could surpass $100 per ounce.
Silver demand is higher due to increased industrial demand for solar panels, cars, and electronics.
What drives silver prices?
At the beginning of 2025, silver's price was about $30. By the beginning of 2026, the price had more than doubled, reaching $79. With such a steep increase, many investors are giving silver another look. But before you put your money into silver, it's important to understand what factors affect its cost per ounce:
Inflation
When it comes to precious metals, inflation is one of the biggest drivers behind price. When the value of the U.S. dollar declines, investors often put their cash into physical assets like silver or gold to hedge against inflation.
Silver's price tends to increase during periods of higher-than-usual inflation. For example, in 2019, inflation was under 2%. During that time, silver's price was about $15 per ounce. In 2022, when inflation reached 9.1%, silver's price was about $23 per ounce, an increase of 23% in three years.
Silver is a precious metal also used in various industries, as global supplies get lower the value of silver goes up. Best value silver investments are coins & ingots with .999 sterling silver.
