Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Precious Metal»Silver surges to $36.00, its highest level since 2012
    Precious Metal

    Silver surges to $36.00, its highest level since 2012

    June 6, 20254 Mins Read


    • Silver prices rise to 13-year highs as the white metal tests $36.00.
    • Demand for Silver as an industrial metal surges despite softer demand for safe havens.
    • The Gold/Silver ratio plunges, representing a risk-off tone.

    Silver (XAG/USD) is experiencing another day of positive gains, which has pushed prices to $36.00, its highest level since February 2012, providing a firm barrier of resistance. 

    Silver benefits from both its safe-haven appeal during times of economic uncertainty and its unique properties, which make it one of the most sought-after industrial metals. 

    Both characteristics have underpinned higher Silver prices, which are posting weekly gains of 9% at the time of writing on Friday. 

    Silver’s industrial appeal shines, lifting prices to 13-year highs

    Earlier in the week, Silver prices benefited from escalating US-China trade tensions and a weaker US Dollar, driving demand for precious metals. However, market sentiment shifted on Thursday following a positive call between US President Trump and Chinese President Xi Jinping, which led to a resumption of trade talks between the two nations. The shift in sentiment reduced Silver’s safe-haven appeal but increased its demand as an industrial metal.

    In addition to improved geopolitical tone, first-quarter Eurozone Gross Domestic Product (GDP) and Retail Sales data came in stronger than expected, helping to lift confidence in the European economic outlook. Meanwhile, better-than-expected employment figures in the US and Canada further boosted optimism around North American growth prospects.

    Meanwhile, the Canadian Prime Minister’s Office (PMO) confirmed that Prime Minister Mark Carney held discussions with Chinese Premier Li Qiang aimed at strengthening bilateral ties and expanding trade cooperation.

    With Friday’s developments resulting in lower Gold prices and higher Silver prices, FXStreet data shows the Gold/Silver ratio at 92431, down 1.67% intraday, representing a risk-off tone that is supportive of Silver’s industrial demand. 

    Silver FAQs

    Silver is a precious metal highly traded among investors. It has been historically used as a store of value and a medium of exchange. Although less popular than Gold, traders may turn to Silver to diversify their investment portfolio, for its intrinsic value or as a potential hedge during high-inflation periods. Investors can buy physical Silver, in coins or in bars, or trade it through vehicles such as Exchange Traded Funds, which track its price on international markets.

    Silver prices can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can make Silver price escalate due to its safe-haven status, although to a lesser extent than Gold’s. As a yieldless asset, Silver tends to rise with lower interest rates. Its moves also depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAG/USD). A strong Dollar tends to keep the price of Silver at bay, whereas a weaker Dollar is likely to propel prices up. Other factors such as investment demand, mining supply – Silver is much more abundant than Gold – and recycling rates can also affect prices.

    Silver is widely used in industry, particularly in sectors such as electronics or solar energy, as it has one of the highest electric conductivity of all metals – more than Copper and Gold. A surge in demand can increase prices, while a decline tends to lower them. Dynamics in the US, Chinese and Indian economies can also contribute to price swings: for the US and particularly China, their big industrial sectors use Silver in various processes; in India, consumers’ demand for the precious metal for jewellery also plays a key role in setting prices.

    Silver prices tend to follow Gold’s moves. When Gold prices rise, Silver typically follows suit, as their status as safe-haven assets is similar. The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, may help to determine the relative valuation between both metals. Some investors may consider a high ratio as an indicator that Silver is undervalued, or Gold is overvalued. On the contrary, a low ratio might suggest that Gold is undervalued relative to Silver.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Gold and Silver About to ‘Beeline’ to All-Time Highs, According to Fundstrat Analyst

    Precious Metal

    Secret criminal past of ‘Traveller King’ who was buried in a ‘six-figure, solid gold’ coffin

    Precious Metal

    Gujarat emerges as India’s copper hub, amid soaring demand from sunrise sectors – Industry News

    Precious Metal

    Gold, Silver prices dip this week, but long-term outlook remains bullish

    Precious Metal

    Bundesbank weighs abandoning Frankfurt headquarters

    Precious Metal

    How to get the Gold Beanstalk in Grow a Garden

    Precious Metal
    Leave A Reply Cancel Reply

    Top Picks
    Cryptocurrency

    The Role of Cryptocurrency in Modern Investment Strategies

    Cryptocurrency

    31% of Kenyan banks ready to deal in cryptocurrency: CBK

    Precious Metal

    Silver is the metal of the next few years

    Editors Picks

    Seven stocks including Oji Holdings to be added to Nikkei High Dividend Yield 50 Index

    June 13, 2025

    Wishbone Gold abandonne l’accord de prise de contrôle inversée avec Evrensel Global Natural Resources -Le 19 mars 2025 à 12:04

    March 19, 2025

    The Best Cryptocurrency to Buy During Trump’s Tariff Battle

    May 8, 2025

    Cryptocurrency Immutable Rises More Than 6% In 24 hours

    July 17, 2024
    What's Hot

    Silver (XAG) Daily Forecast: Rising Industrial Demand Meets Resistance Near $34.00

    October 29, 2024

    FedNow hits 900 participant institutions one year after launch

    August 15, 2024

    Wall Street’s Most Accurate Analysts Spotlight On 3 Industrials Stocks With Over 5% Dividend Yields – Copa Holdings (NYSE:CPA), Karat Packaging (NASDAQ:KRT)

    July 7, 2025
    Our Picks

    Kiosqnrock 2025 : “C’est une belle bougie sur le gâteau”, le festival va mettre le “metal” à l’honneur pour ses 10 ans

    February 24, 2025

    CenterPoint Energy finalise la vente de Louisiana and Mississippi Gas Utilities à Bernhard Capital Partners

    April 1, 2025

    Global X Investments Canada Inc. (MTRX) ouvre les marchés -Le 20 février 2025 à 16:42

    February 20, 2025
    Weekly Top

    This Week’s Japanese Game Releases: Metal Gear Solid Delta: Snake Eater, Lost Soul Aside, Super Robot Wars Y, more

    August 24, 2025

    Gold and Silver About to ‘Beeline’ to All-Time Highs, According to Fundstrat Analyst

    August 24, 2025

    Cryptocurrency Live News & Updates : Shiba Inu Price Faces Potential Volatility Ahead

    August 24, 2025
    Editor's Pick

    Tesla Crypto Coin in Casinos: A New Era of Digital Betting

    May 18, 2025

    BRICS Pay vs US dollar vs Euro? What we know so far

    October 29, 2024

    Celonis Recognized as a Leader for Third Consecutive Year in 2025 Gartner® Magic Quadrant™ for Process Mining Platforms

    May 7, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.