New all-time high for silver prices

Advertisement/Advertising – This article is distributed on behalf of Endeavour Silver Corp. and Vizsla Silver Corp., with whom SRC swiss resource capital AG has paid IR consulting agreements. Creator: SRC swiss resource capital AG · Author: Ingrid Heinritzi · First published: December 03, 2025, 7:05 p.m. Zurich/Berlin

The US$60 mark is within reach. Some analysts are already forecasting a three-digit price by the end of 2026. Since the beginning of 2025, the price of the precious metal has risen by around 70 percent. That is more than its big brother gold, which has gained approximately 58 percent in price this year. Silver is now stepping out of gold’s shadow, as it is often underestimated. This is likely to change now. Silver has a dual function: it is an industrial metal and, like gold, a store of value. Around 60 percent of silver goes into industry.

The energy transition, photovoltaics, and the electronics sector are consuming more and more silver. The silver market has been in deficit for years because mining and recycling production is lagging behind demand. As a result, mine stocks are also shrinking. Silver is likely to reach new highs in industrial use in the coming years.

This sounds like a lucrative proposition, as can be seen from the price development of the precious metal. Geopolitical disputes, immense national debt, the fact that silver is undervalued compared to gold, and the prevailing silver deficit are now having an effect. And physical silver investments have risen from a 15-year low (157 million ounces) to a record high in 2022 (337 million ounces), according to the Silver Institute. Investors who bet on well-positioned silver companies with good projects in safe regions and an experienced management team should therefore be backing the right horse.

Endeavour Silver – https://www.commodity-tv.com/ondemand/companies/profil/endeavour-silver-corp/ – is one of the successful producers. The company’s projects are located in Mexico, Chile, and Peru. The third quarter of 2025 shines with an 88 percent increase in silver equivalent production compared to the previous year.

Vizsla Silver – https://www.commodity-tv.com/ondemand/companies/profil/vizsla-silver-corp/ – owns the formerly producing Panuco gold-silver project in Mexico. Annual production of 15.2 million ounces of silver equivalent is expected. The feasibility study has been very positive.

Current company information and press releases from Vizsla Silver (- https://www.resource-capital.ch/en/companies/vizsla-silver-corp/ -) and Endeavour Silver (- https://www.resource-capital.ch/en/companies/endeavour-silver-corp/ -).

Sources:

https://www.wallstreet-online.de/nachricht/20224674-silber-silberpreis-100-us-dollar;

https://silverinstitute.org/wp-content/uploads/2025/11/Silver-News-OCT2025.pdf.

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