Silver Breaks $40, US Market Stands Apart In Global Demand

by Stjepan Kalinic Benzinga Staff Writer

Silver leads global assets in 2025, surging 40% on bets of a Fed cut, tight supply, and geopolitical tensions.
Experts expect US retail demand to slow down, with a tug-of-war between profit takers and trend followers.

Silver has surged to $40.7 per ounce, closing at a multi-year high and taking the lead as the best-performing major asset in 2025. The yearly gain of 40% is ahead of other precious metals, except for platinum, which has a significantly smaller market.

The factors contributing to the outstanding rally include the growing likelihood of a Federal Reserve interest rate cut in the next meeting, supply constraints in physical markets, and heightened political instability in Europe.

Investors see the odds of a 25-basis-point reduction in September at nearly 90%, according to CME Group’s FedWatch tool. Lower borrowing costs tend to enhance demand for non-yielding assets such as silver and gold.

Read the full article at: Silver Breaks $40, US Market Stands Apart In Global Demand - abrdn Physical Precious Metals Basket Shares ETF (ARCA:GLTR), Invesco DB Precious Metals Fund (ARCA:DBP) - Benzinga