The demand for silver is set to outshine gold by 2030 due to the increased use of silver in solar panels and electric vehicles.
Electric vehicles use silver to connect batteries with other parts of the cars while white metal also plays a big part in making Solar panels.
The Silver Institute has stated that solar panels will use at least 19% of global silver by 2025.
Other than that, the COVID-19 pandemic, the war in Ukraine, Israel-Gaza conflict have increased people and state investment in energy transition initiatives.
Moreover, Silver has very wide use in different industries including devices that measure temperature, pressure, motion, etc.
According to the reports of Apmex, the price of silver was recorded highest in 2024 in the last decade. However, in 2025, it continues to be on the rise.
As per experts, several factors affect the value of silver, including supply, demand, politics, climate, and inflation. Despite all these possibilities, the right method is expected to reach the values of $60 to $75 per ounce.
According to Finance Expert Julien Wee, Silver is expected to increase its price due to higher demand and growth in the solar panel industry and the rising cost of gold.
As per his prediction, the price of silver is expected to be $35.15 in 2025 first 6 months.
However, at the end of the year 2025, it is expected to rise to $35.52. That is a total of 9% increase.
And with this ratio, after 5 years, that is 2030, in the first 6 months, the silver price is expected to be $74. However, by the end of the year 2030, it is expected to be $75.34. That is a total of 132% rise.
CoinPrice forecast also speculated that by 2020-2030 end, the silver price will be $75.
PricePrediction.net also predicted that the silver price would be higher. However, they predicted that it is expected to jump to at least $330 per ounce.
However, online experts and social media experts predict that by 2030, it can even be triple the digits that have been predicted by market experts. Some say it can even rise to $1,000 by 2030. So as per these predictions, if you are looking for your next investment, silver is a good resort.
