Ongoing geopolitical and economic uncertainties, along with positive price expectations, spurred silver investment in the first half of 2025 driving the metal’s price in June to its highest level in 13 years, according to statistics gathered by the Silver Institute. The average annual silver price rose 25% through the first six months of 2025, only marginally lower than the average gold price, which increased by 26% during the same period. The elevated gold:silver ratio in April and May also made silver appear undervalued from a long-term perspective. With net inflows of 95 million ounces (Moz) in the first half of ... (full story)