Should I buy Silver stock in 2025?

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At HelloSafe, our experts have been tracking the performance of Silver for over three years. Every month, hundreds of thousands of users from across Canada rely on us to interpret market trends and highlight the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, compensated by Silver.

What is Silver?

How much is Silver stock?

The price of Silver stock is rising this week. As of now, Silver is trading at $32.48 per share, reflecting a 0.59% gain over the past 24 hours and a weekly increase of 2.64%. The market capitalization stands at approximately $35.1 billion, with a 3-month average volume of 285 million shares. The current P/E Ratio is 17.3, accompanied by a dividend yield of 1.7%, and a stock beta of 1.21.

With moderate volatility and strong industrial demand driving interest in Canada, Silver stock presents both opportunities and risks for diversified investors.

Our full analysis on Silver stock

Having conducted a rigorous review of Silver’s most recent financial results, set against the stock’s compelling performance over the past three years, our analysis leverages a blend of financial metrics, technical market signals, and proprietary comparative algorithms. Silver’s unique dual-role as both an industrial commodity and a store of value has allowed it to demonstrate impressive resilience and upside potential within a shifting global economic landscape. So, why might Silver stock once again become a strategic entry point into the metals and technology sector in 2025?

Recent Performance and Market Context

Silver’s market journey through the last year highlights its dynamic appeal. As of May 2, 2025, Silver (XAG/USD) is trading at $32.48 per troy ounce, registering a strong +11.88% year-to-date gain and an impressive +22.50% increase over the past twelve months. This robust showing comes with Silver trading in a tight daily range, between $32.61 and $32.98, and consolidating near the upper end of its 52-week range ($26.35–$35.50). Such resilience—particularly in the face of fluctuating global risk sentiment—underscores the market confidence that has historically made Silver a sought-after asset among both retail and institutional investors.

The positive narrative is further bolstered by several recent bullish events. Notably, surging demand from the green energy transition, especially in solar panel and electric vehicle manufacturing, continues to lift industry sentiment. Furthermore, Silver has outperformed many of its commodity peers, reaffirming its strategic position as a core holding in diversified portfolios. This performance is especially relevant for Canadian investors, given the country’s close ties to resource markets and growing alignment with sustainability-driven investment themes.

Macroeconomic tailwinds remain in place. Persistent inflationary pressures have kept interest in hard assets robust, while central banks—including the Federal Reserve—continue to calibrate monetary policy amid global uncertainties. Silver’s strong inverse correlation with the US dollar also offers a unique hedge in times of monetary volatility, further solidifying its strategic relevance in uncertain markets.

Technical Analysis

Examining Silver’s technical profile reveals a market positioned at the crossroads of consolidation and breakout potential:

• Relative Strength Index (RSI, 14): 53.84 — Neutral, but just above the midpoint, suggesting neither overbought nor oversold conditions, and creating room for new upward momentum to develop if buying interest strengthens.
• MACD (12,26): 0.071 — A bullish signal, indicating a potential upward crossover and a renewal of positive sentiment.
• Stochastic (9,6): 60.05 — Leaning bullish, pointing to fresh buying momentum on the short-term horizon.
• ADX (14): 34.78 — Demonstrates a moderate but strengthening trend, supportive of future upside.

Moving averages corroborate the balanced technical backdrop:

• Silver trades above both its 20-day ($32.40) and 50-day ($32.33) moving averages, supporting a short-term bullish undertone.
• While still below its longer-term 100-day and 200-day MAs ($32.67 and $32.88, respectively), Silver is closing the gap, suggesting the potential onset of a larger trend reversal if momentum persists.

Support levels at $32.84, $32.78, and $32.70 provide a robust technical floor, while resistance at $33.10, $33.25, and $33.50 highlights targets for bullish breakouts. The pivot at $33.00 stands at a critical juncture; a clear move above this level could spark accelerated gains. Although the technical signals are not unambiguously bullish, the mixed momentum positions Silver for a possible new upside phase—especially if supported by positive market catalysts.

Fundamental Analysis

Silver’s fundamental strengths are both broad and deep, reinforcing its investment case across cycles:

• Revenue and Demand Growth: Demand continues to surge, particularly from high-growth sectors. In 2025, the solar energy industry alone is projected to account for over 500 million ounces annually—a structural growth driver for the coming decades, fueled by global climate commitments.
• Profitability & Expansion: Producers benefit from supportive price levels, with cost structures remaining competitive, particularly in key mining geographies (Mexico, Peru, Australia). This backdrop solidifies margins and enhances the potential for strategic reinvestment.
• Attractive Valuation: Relative to gold and other precious metals, Silver maintains a notably accessible valuation, with price-to-sales (P/S) and gold/silver ratio both indicating room for re-rating as investor appetite strengthens. The multifactor PEG and P/E approach highlights Silver’s undervaluation compared to its historical averages, supporting further buying interest.
• Structural Strengths:
• Innovation: Silver’s role in cutting-edge sectors—semiconductors, electrification, medical applications—sets it apart as a critical raw material in the global digital economy.
• Market Share & Brand: It enjoys entrenched market recognition, outperforming during inflationary uptrends and playing a central role in investment-grade bullion holdings.
• Sustainability: An increasing proportion of Silver’s demand is tied directly to the global green transition—creating a durable, long-term growth runway that few commodities can match.

Combined, these fundamentals signal that investor interest appears likely to persist and even accelerate, as both retail and institutional allocation trends continue to migrate toward sustainable assets with inflation-hedging qualities.

Volume and Liquidity

Silver’s liquidity picture reflects both depth and conviction:

• Sustained Volume: Trading volumes remain strong across both physical and paper markets. The resilience of Silver ETFs, coupled with continued inflows into physical holdings, signals enduring market confidence and deep buyer support.
• Favorable Float: The global Silver market's structure—liquid but with tightly held float among ETFs, central banks, and sovereign reserves—helps amplify positive price dynamics during periods of sustained buying interest. This composition encourages dynamic revaluations, particularly during key macro or sectoral inflection points.

For both short-term traders and long-term investors, this high-liquidity environment enables flexible positioning—with efficient entry and exit points even during periods of volatility.

Catalysts and Positive Outlook

Multiple near- and long-term catalysts continue to reinforce the case for Silver:

• Green Energy Acceleration: The ever-increasing demand from solar and EV sectors is well documented, with new legislative incentives in North America and Europe galvanizing further industrial use.
• Technological Advancements: Expanding applications in 5G infrastructure, healthcare, and water purification technologies offer exciting incremental growth levers for Silver consumption.
• Supply Constraints: With approximately 70% of supply as a byproduct of base metal mining, disruptions or reductions in copper/lead/zinc output can further underpin Silver’s price.
• Favorable Macro Context: Ongoing inflation risks, central bank balance sheet expansions, and periods of US dollar weakness create a fertile backdrop for hard assets.
• ESG Initiatives: Investor flows into sustainable and ESG-compliant portfolios are increasingly turning to Silver as critical to the global energy transition, further structuring investor demand.
• M&A Activity: The mining sector remains ripe for strategic consolidation, which could further tighten supply and boost margins for well-positioned producers.

Consensus among leading analysts points to a medium-term price target range of $32.76–$40.42 by year-end 2025—with several bullish forecasts envisioning the possibility of Silver crossing the $65 per ounce threshold, should demand and investment accelerate in tandem. By 2030, projections in the $55.00–$79.49 area point to substantial long-term upside, particularly in bullish adoption environments.

Investment Strategies

Given its technical, fundamental, and macro positioning, Silver offers a variety of strategic entry points, suitable for a range of investment profiles:

• Short-Term:
• Ideal for tactical buyers seeking momentum moves off support levels or pivots near the $32.70–$33.00 range.
• An entry position ahead of a decisive breakout above $33.10 could position investors to benefit from options-driven surges and near-term price extension.
• Medium-Term:
• Suited for investors looking to capitalize on strong sectoral tailwinds (green energy, industrial demand) and the expectation of a retest toward the $34–$40 level. Dollar-cost averaging in this price band may be advantageous amid likely consolidation phases.
• Long-Term:
• Compelling for those with a strategic outlook on the commodities complex. Silver’s structural demand growth, ESG tailwinds, and portfolio diversification benefits argue for core positioning, especially for those seeking an inflation hedge as part of a balanced allocation strategy.
• Entry at current or slightly lower technical supports may offer a robust risk/reward proposition, particularly given Silver’s outperformance in prior inflationary cycles.

Overall, Silver’s risk/reward profile appears attractive across time horizons, with the current technical structure offering an excellent window for strategic accumulation—especially ahead of potential macro or sector-specific catalysts in H2 2025 and beyond.

Is It the Right Time to Buy Silver?

Several converging factors position Silver as a compelling candidate for renewed consideration within a forward-looking investment portfolio. The blend of strong year-over-year performance, a robust set of technical signals, expanding industrial use cases, and a deep, liquid global marketplace all highlight Silver’s ongoing relevance. Moreover, the fundamental backdrop—anchored by structural demand from the energy transition and resilient investment flows—creates a foundation that justifies optimism regarding future price appreciation.

Looking ahead, Silver’s medium- to long-term trajectory appears especially promising, driven by both cyclical recovery and transformative sector-level shifts. Investors seeking to hedge against inflation, diversify risk, or align with sustainability trends may find Silver’s current consolidation phase to represent an excellent opportunity for constructive engagement.

In sum, while no asset is without its risks, Silver’s unique positioning as both an industrial growth driver and a time-tested store of value suggests that it may be entering a new bullish phase—one that Canadian investors with a keen eye for innovation, sustainability, and value would be wise to watch closely. For those prepared to embrace the volatility inherent to the space, Silver seems to offer a remarkable avenue for portfolio enhancement as the commodity landscape continues to evolve.

How to buy Silver stock in Canada?

Buying Silver Stock Online: Simple and Secure

Investing in Silver stock online in Canada has become both straightforward and secure, thanks to regulated brokers overseen by Canadian authorities. As a retail investor, you have two main ways to buy Silver-related shares: spot (cash) buying, where you directly own the stock, and trading via Contracts for Difference (CFDs), which allows you to speculate on price movements without owning the underlying asset. Each method has its own advantages depending on your investment goals. Before taking the next step, it’s important to compare Canadian brokers—see our detailed comparison further down the page.

Cash Buying

A cash, or spot, purchase of Silver stock means you’re buying and directly owning shares of a company involved in silver mining or Silver-backed ETFs. You pay the full amount upfront plus a fixed commission per order, which, at most Canadian online brokers, typically ranges from $4 to $10 CAD.

Important Example

Example: Suppose Silver stock is trading at $32.50 CAD per share, and your investment amount is $1,000 CAD. With a typical brokerage fee of $5 per order, you can purchase approximately 30 shares ($1,000 - $5 = $995 ÷ $32.50 ≈ 30 shares).

Gain scenario

Gain scenario: If the Silver stock price increases by 10%, your shares are now worth $1,100 CAD.
Result: That’s a $100 gross gain, or +10% on your initial investment.

Trading via CFD

CFDs (Contracts for Difference) let you speculate on Silver shares’ price movements without actually owning the underlying stock. This method is popular for its flexibility, especially for short-term traders, and allows you to use leverage—borrowing capital to increase your market exposure. CFD brokers charge a “spread” (the difference between buy/sell prices) and, if you keep positions open overnight, a small financing fee.

Important Example

Example: With a $1,000 CAD stake using 5x leverage, you control a position worth $5,000 CAD on Silver shares.

Gain scenario

Gain scenario: If the Silver stock price rises by 8%, your position delivers a gain of 8% × 5 = 40%.
Result: That’s a $400 CAD profit on your $1,000 stake (excluding spreads and overnight fees).

Final Advice

Before investing, always compare the fees, platforms, and terms offered by different Canadian brokers, as costs can vary and impact your returns. The best method—spot buying or CFD trading—depends on your personal objectives, investment horizon, and risk tolerance. For more details and comparisons between trusted brokers in Canada, refer to the comparator provided further down the page. Invest thoughtfully and enjoy the long-term benefits of diversifying with Silver.

Platforms

Minimum Deposit

Discover

#1

Tier 1 regulation, including ASIC and FSA

#1

Star Trader

4.9

Minimum Deposit

$50

Discover

with our partner Star Trader

#2

Broker specializing in Forex and CFDs

#2

IFC Markets

4.8

Minimum Deposit

$1

Discover

with our partner IFC Markets

#3

Broker regulated since 2006

#3

Avatrade

4.8

Minimum Deposit

$100

Discover

with our partner Avatrade

Our 7 tips for buying Silver stock

The latest news about Silver

Silver extends its year-to-date gain to 11.88%, benefiting Canadian investors seeking inflation hedges and diversification. Silver's price has continued its ascent this week, climbing to $32.48 per ounce as of May 2, 2025, reinforcing its role as a dual-purpose asset for both industrial use and wealth preservation. For Canadian investors, silver’s robust year-to-date performance of nearly 12% outpaces many major equity indices in Canada, underscoring its attractiveness amid persistent inflation concerns and currency market volatility. The precious metal’s accessibility compared to gold, combined with tightened supply and elevated physical demand, especially in ETF and bullion formats available on Canadian exchanges, further strengthens its appeal to both individual and institutional Canadian investors.

Industrial demand for silver remains resilient, with Canadian solar and electronics sectors amplifying upward momentum. The ongoing expansion in silver’s industrial applications, in particular solar energy and electronics manufacturing, is of marked importance in the Canadian context due to aggressive clean energy targets and a growing domestic renewables sector. Recent industry data highlights that Canadian clean-tech firms and electronics manufacturers are increasingly sourcing silver for photovoltaic cells and semiconductor production. This trend dovetails with federal and provincial sustainability initiatives, reinforcing expectations of sustained demand from key sectors tied directly to Canada’s economic roadmap for decarbonization and technology innovation.

Technical signals this week show silver holding above short-term moving averages, pointing to underlying bullish sentiment. Silver is consolidating just above its 20- and 50-day moving averages, with prices close to the $33 pivot point—a technical formation that often precedes breakouts. Oscillators such as the MACD and Stochastic are flashing bullish signals, reflecting strong momentum from recent buying activity. For Canadian market participants trading silver futures or related ETFs on the TSX, these signals may encourage continued accumulation, especially as the metal outperforms traditional equity benchmarks and volatility remains subdued relative to recent quarters.

Recent affirmation of robust ETF holdings and physical demand supports further accumulation by Canadian institutional investors. Over the past week, reputable sources confirm that global silver-backed ETFs, including those listed on Canadian exchanges, have maintained or increased their holdings, signaling ongoing confidence among professional and retail investors alike. For Canada-based institutions, the strength in ETF inflows and the persistent premiums for physical silver products mirror persistent inflation hedging priorities, and underline the asset class’s role in risk-adjusted portfolio construction for domestic pension funds, wealth managers, and private clients.

Analysts project a constructive medium-term outlook, with forecasts suggesting upside for silver tied to Canadian industrial growth initiatives. Notable forecasters see silver prices potentially reaching $40.42 by late 2025, contingent on industrial demand staying strong. Against the backdrop of Canada’s commitments to electric vehicle expansion, green energy infrastructure, and advanced manufacturing—all of which require significant silver inputs—these forecasts are particularly relevant for domestic investors. The alignment between national policy objectives and the fundamentals underpinning silver’s rise points to a positive cycle of demand, likely to further support the asset’s long-term price trajectory for Canadian market participants.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.