Silver prices hit 13-year high at $35/oz due to demand, deficits, and gold-silver ratio drop.

From Yahoo Finance: 2025-06-05 10:24:00

Silver prices have surged to $35 per ounce, hitting a 13-year high due to strong industrial demand and ongoing supply deficits. The gold-silver ratio has dropped to 94, indicating silver’s value is rising relative to gold. Silver’s industrial demand remains robust, with prices expected to potentially reach $40 or $50 per ounce in the long term.

Read more: Silver surges past $35/oz level to hit a more than 13-year high