Silver prices will rise

This year will be the fifth in a row with a significant silver deficit.

Experts expect mine production to peak in 2026, but then the silver yield is likely to decline as some (primary) mines reach the end of their life cycle. Ore grades in mines are also steadily declining. Not much silver is expected from recycling either, as prices are not yet high enough to stimulate supply. Demand from industry should remain strong. The path to a greener future will be accompanied by growing numbers in the electric mobility and photovoltaic industries. Added to this is the triumph of artificial intelligence, which requires silver for data centers and the necessary equipment. Economic uncertainties should attract investors. The price of a troy ounce of silver is currently just under US$38. In June, the price of the precious metal was at its highest level in around 13 years. It has yet to reach its previous high.

Silver is not only an important industrial metal, but also a monetary precious metal whose appeal to investors is growing. Physical demand for gold’s little brother is rising, particularly in Asia and North America. Like gold, silver also serves as a shield against inflation and currency devaluation. Of course, high prices also lead to profit-taking, but this will not change the long-term positive trend of the silver price. Silver is simply a key raw material for the energy transition.

MAG Silver – https://www.commodity-tv.com/ondemand/companies/profil/mag-silver-corp/ – is one of the successful producers with its stake in the Juanicipio silver mine in Mexico. In the second quarter, it delivered 4.3 million ounces of silver and more than 10,000 ounces of gold. Lead and zinc production rose encouragingly compared to the previous quarter.

Current company information and press releases from MAG Silver (-https://www.resource-capital.ch/en/companies/mag-silver-corp/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/