Is The Silver Market on the Edge of a Major Breakout?

Feb 25, 2025, 4:52 pm GMT

Gold prices have pulled back slightly in early U.S. trading today, following record highs at the start of the week. Some short-term traders are locking in profits, causing a temporary dip. Meanwhile, silver continues to lag behind gold’s strength, raising the question—how long can this divergence last?

Gold is breaking records, but silver has yet to follow suit—could that be about to change?

In our latest GoldCore TV episode, we examine why silver may be on the cusp of a historic breakout. With supply shortages intensifying, industrial demand soaring, and cracks forming in the paper silver market, the conditions are aligning for a potential price surge.

We explore why silver is being drained from London vaults, what skyrocketing silver lease rates signal, and how the gold-to-silver ratio suggests silver is overdue for a major move. The growing supply deficit, combined with increasing demand from the tech sector, could push silver prices far beyond previous highs.

Some analysts are already predicting $40 silver by the end of the year, while others suggest we could see prices far beyond $100. Could this be the year silver investors have been waiting for?

As always, let us know your thoughts in the comments—we’d love to hear your take on the silver market’s next move.

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About Author

Dave Russell

David is the CEO of GoldCore. Until Summer 2023 he was the Director of Marketing and Communications, responsible for all marketing and communications strategies and branding. David joined GoldCore in 2008 as Director of Business Development and later took over as Director of Marketing and Communications in 2020. Prior to this Dave managed and operated his own Marketing Agency and completed multiple coaching qualifications. "Working for GoldCore gives you a fantastic lens through which to view global financial and geopolitical developments. I am very proud to be part of a company that contributes to increasing investors understanding of these developments." When he’s not at work, David is passionate about sailing and has completed the ‘Round Ireland Yacht Race’ twice.