Silver’s Roller‑Coaster Ride in 2025
The Market’s New “Slide”
Price action: Silver ticked sideways Tuesday, staying close to its multi‑year highs.
Political drama: President Trump’s move to yank Fed Governor Lisa Cook amid mortgage‑fraud claims sparked a fresh debate about central‑bank independence.
Rate‑cut chatter: Trump’s push for lower rates could spell the end of higher yields—great news for metal lovers who love a “no‑interest” environment.
Why Silver Remains a Hot Commodity
Industrial demand is the real driving force.
Solar boom: China exported over 70% more solar cells in H1 2025, powered by a massive Indian appetite.
Capacity explosion: Add a record 93 GW of solar capacity in May alone— that’s a 300% jump YoY.
Bottom line: Silver’s role in the energy transition keeps the metal on a steady upward trajectory.
Investors Are Still Afar
ETPs welcome:
Global silver‑ETPs saw huge inflows of 95 million ounces in the first half of 2025.
Cumulative holdings have climbed to 1.13 billion ounces, nudging close to all‑time peaks.
Why they’re in: The silver market’s love story with industrial growth and a growing rush of capital makes it one of the most attractive non‑yielding assets right now.
Wrap‑Up: The Bottom Line
Silver stayed near its peak even amid political turbulence.
Industrial growth—especially solar—offers a solid foundation.
Investor enthusiasm keeps the metal buoyant and shows that safe‑haven quests can still favor precious metals.
Stay tuned – the silver market can swing in surprising ways, but right now, the spotlight’s on growth, not gloom.