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Silver Price Expected to Surpass $40 per Ounce Amid Rising Demand and Supply Shortages

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1Nojor Desk
  • 21 Jul 25
  • 01:43 AM

Citigroup forecasts silver prices could exceed $40 per ounce within the next three months due to increased demand and supply constraints. The long-term target is set at $43 per ounce for the next 6 to 12 months. Silver prices have already risen over 30% this year, driven by strong fundamentals and anticipated Federal Reserve interest rate cuts. Meanwhile, gold reached a record $3,500 per ounce in 2025 but may decline gradually to between $2,500 and $2,700 next year.

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Bonik Barta 20 Jul 25

Silver Price May Exceed $40 per Ounce

The price of silver in the global market is forecasted to exceed $40 per ounce in the coming months, according to the US investment bank Citigroup. Along with rising demand, supply shortages will also contribute to the price increase. In a recently published analytical report, the bank stated that the silver price could reach $40 per ounce within the next three months. This is an upward revision from their previous forecast of $38 per ounce. The news is reported by Mining.com.

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