#silver-prices

#silver-prices

Over the past few months, silver prices have witnessed a strong rally - not only as a safe-haven asset alongside gold, but also due to fundamental factors rooted in industrial supply and demand dynamics. As of early October 2025, silver is trading around $48.65 per ounce in spot market data, while ETFs such as iShares SLV show a slightly lower net asset value (NAV), reflecting timing and liquidity discrepancies between the spot and ETF markets.

Recent dovish remarks from Fed Governor Waller reinforced expectations of future rate cuts, potentially boosting silver prices as market participants anticipate monetary easing.

The silver market is facing its fourth consecutive annual deficit since 2025, with a projected shortfall of 3,339 tonnes driving prices to decade-high levels.