With gold enjoying a spectacular surge in 2025 and starting 2026 strongly, many financial experts are now looking at silver to see whether it also continues its recent rally. What are the key factors that we need to take into account?
Why Is Silver Less Expensive Than Gold?
Finance author Robert Kiyosaki recently stated that silver could pass $100 (around £74) per ounce. With its current price of around £63, that doesn’t seem to be too much of a stretch. Yet, with gold around £3,400 per ounce, we need to start by asking why one of these precious metals is worth so much more than the other.
In fact, if we go back to ancient culture, silver was often valued at a similar level to gold and was even more valued in some cases. The value typically came from the abundance and ease of access that each culture had to the different metals, as well as their reverence for them. In modern times, the gold-to-silver ratio was stated at a deliberately modest 15:1 in the U.S. Coinage Act in the late 18th century,
Since then, the ratio has climbed as high as 125:1, but at the time of writing, it’s around 56:1 after a fairly steep drop in the last month. Perhaps the biggest difference is that we’ve traditionally seen silver as a commodity, while gold has long been valued as a store of value too. If we look at a CFD trading platform, we can see that it’s possible to trade both metals easily online. This can be done in a variety of ways, with CFDs being contracts for difference where leverage is used, and there’s no need to actually buy the asset.
What Is Causing Silver’s Value to Rise?
The massive surge seen in silver’s price in 2025 is due to a combination of factors, with greater demand for electrical use and lower supply levels among the most notable points that are causing the price to climb constantly. It’s also being increasingly viewed as a safe haven amid geopolitical tensions and a falling US dollar.
When we look more deeply at who is buying silver, we can see that India bought almost 6,000 metric tons in 2025, which was close to a quarter of the entire global supply. This massive need for silver was driven by the country’s ongoing plan to build gigafactories as part of the renewable energy revolution.
According to the 2025 report from the Silver Institute, the global mined supply of this metal was 835 million ounces, while demand was over a billion ounces. This means that silver’s price is reacting to a unique set of circumstances where it’s being highly sought after for industrial reasons, a store of value and a safe haven in turbulent times.
Predicting the future price of commodities is never easy, but the current silver market has fuelled hope that 2026 will see the rally continue. Whether it reaches £100 or not, this precious metal has shown its value in the modern world.
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Experts State Bullish Views on Silver But Could It Pass £100?
