Silver's industrial utility is finally colliding with its physical scarcity. While silver prices have recently surged, hitting a new all-time high, that excitement is merely a reflection of a fundamental market shift. This analysis, based on data from the World Silver Survey 2025 (The Silver Institute), examines how the global silver market has fundamentally inverted, moving from a period of comfortable surplus to one defined by chronic structural deficits.

Gold and silver are foundational precious metals, yet their market performance has not always been identical. An analysis of their price history reveals periods of both parallel growth and significant divergence.

The silver market is currently in the spotlight, with the price of the metal recently trading above $48/oz in early October 2025. This price movement occurs alongside a long-term, fundamental trend in the market: a growing supply shortage.

Global copper production data for Q2 2025 is in, offering fresh insight into how the world’s largest miners are performing. This quarter’s rankings of the top 16 producers reveal a mix of recovery, resilience, and growth across the industry.

Eloro Resources (TSX.V: ELO), a company focused on finding and evaluating mineral deposits, is a key player in the mining industry. With a seasoned team and a strategic focus on South America, Eloro has made a significant discovery: a vast silver-zinc-lead system adjacent to a high-grade tin system in the Bolivian tin belt. In just three years, the company transformed its Iska Iska prospect into a large-scale deposit with over 600 million tonnes of polymetallic mineralization

With the price of silver recently hitting a level not seen in many years, the metal is back in the spotlight. This renewed attention brings focus to the true foundation of its supply: the world's primary silver producers.

Silver's 100-year journey has been a wild ride, swinging between Wall Street panics and major technological breakthroughs. This tangled history is reflected in its current price of $41.33 per ounce (as of September 11, 2025), a level that highlights its critical dual role in the modern world.

The global silver market is no longer defined by its historical roles in coinage or photography. A fundamental transformation has occurred, cementing a new foundation for demand built on technology and green energy. This isn't just a shift; it's a structural realignment where industrial applications have become the market's primary, non-negotiable driver.

The global silver market is currently in the midst of a multi-year structural deficit, where total demand is consistently outpacing supply. According to the data presented in the Silver Survey 2025, published by the Silver Institute, this market imbalance has been a defining feature since 2021 and is projected to continue through 2025.

Silver, a metal long celebrated for its monetary value, is cementing its role as an indispensable material in our modern world. From the solar panels on our roofs to the electronics in our pockets, industrial applications are driving a significant surge in demand. This infographic, using data from the World Silver Survey 2025, reveals a critical divergence between silver's soaring industrial use and its constrained mine production.

Which has been the better long-term performer: gold or silver? In this latest infographic, we take a look at how gold and silver have performed head-to-head over the last sixty years.

For market observers who follow precious metals, the Gold/Silver Ratio is a frequently cited metric. While it provides a simple snapshot of relative value, a deeper analysis of its history reveals a recurring pattern: significant upward movements in the price of silver have often followed periods where the Gold/Silver Ratio reached a peak.

Interview: Steven Zadka, Executive Chairman at Cerro De Pasco Resources (CDPR) Cerro De Pasco Overview The Cerro de Pasco mining...

Silver's role in the global economy is evolving significantly, as illustrated in our latest infographic. Data from the World Silver Survey 2025, presented in the infographic, indicates that total silver demand is projected to grow by +15.60%, from 993 million ounces (Moz) in 2016 to a forecast 1,148 Moz by 2025.

Silver Production Q1 Infographic The first quarter of 2025 revealed a dynamic landscape for the world's leading silver producers. A...

Gold Vs. Silver Infographic Since 1960, gold and silver have charted vastly different courses in the world of precious metals. While both...

Industry analyses, including reports like the World Silver Survey, indicate these can stem from factors such as the maturation of major orebodies, shifting capital investment cycles, the extended timelines required for new mine development, fluctuating operational costs, and evolving regulatory environments in key silver-producing nations. This decrease from mining operations is a crucial factor in this year's overall market deficit.

Over the past decade, industrial demand has steadily claimed a larger share of global silver mine production. This trend reflects silver’s expanding role in technology and manufacturing, especially in areas such as renewable energy and electronics.

The global silver market is experiencing a notable shift, driven largely by surging industrial demand—particularly from the green energy and electronics sectors. According to the report, total silver demand is expected to reach 1.148 billion ounces this year, while supply is forecast at just 1.030 billion ounces. This shortfall marks the fifth consecutive year of market deficit.

Silver is a unique metal, valued both as an investment and for its wide range of industrial applications, from electronics to renewable...