

As of late June 2025, the price of silver has done more than just rise—it's spoken. Loudly. After years of stagnation and false starts, silver has broken decisively above its long-standing resistance zones, flipping the script on years of consolidation. And if you're still watching from the sidelines, it's time to ask what's next?
With silver prices punching through the $34–$35 range and holding above $36, we're seeing more than just a technical breakout. We're watching a shift in global economic psychology. In this report, I'll break down the chart signals, the industrial and monetary undercurrents behind the move, and what the current spot price of silver really tells us about what's coming.
Most silver rallies over the past decade have been head-fakes—brief, hype-driven spikes with no follow-through. This one's different.
The spot price of silver didn't just scrape past resistance—it blew through it on high volume and has remained elevated despite pullbacks in gold and copper. It even held firm during a brief surge in the U.S. Dollar Index, which historically smashes metals like a wrecking ball. That resilience matters.
As of writing, silver is hovering around $36.50 per ounce, up over 30% year-to-date. This isn't your typical dead-cat bounce. This is accumulation. And smart money knows it.
One of the most misunderstood aspects of silver prices is their tie to industrial demand. Over 80% of the global silver supply is destined for electronics, solar panels, batteries, medical devices, and defense tech. That last part is the kicker.
With geopolitical risk heating up and military supply chains under pressure, silver has become a strategic resource, not just a commodity. In fact, recent defense bills in the U.S. explicitly reference domestic silver sourcing. This isn't tinfoil-hat conspiracy—it's supply chain reality.
That demand is sticky. Once silver is embedded in a missile guidance system or solar inverter, it's gone. Not stored. Not hoarded. Consumed.
While industrial demand builds quietly, retail investors are moving fast—and loud. Bullion dealers report shortages. Coin premiums have exploded. Even pawn shops are getting stripped of junk silver. People are waking up to the fact that the price of silver is climbing, but still has room to run.
Compared to gold, silver remains comically undervalued. The gold-silver ratio, which sat at 120:1 in 2020, has now dropped below 90—but that's still well above the 40–60 range that has historically marked a balanced metals market. If silver continues to close that gap, you're easily looking at a price target north of $50.
Here's where things get sketchy. The spot price of silver—the number you see on charts and dealer websites—is increasingly disconnected from physical availability. Some in the market call this the "paper silver" problem.
COMEX contracts, ETFs, and synthetic derivatives control the majority of silver price discovery. But that's a paper fantasy. Try buying 1,000 oz bars at spot right now—you can't. Premiums have widened to 20–30% in some markets. The physical market is screaming that silver is undervalued. The spot price of silver just hasn't caught up yet.
This is classic supply stress. And it never ends well for suppressors.
From a technical analysis standpoint, silver has cleared not just horizontal resistance but long-term trend lines dating back to 2011. That's 14 years of structural suppression gone in a matter of weeks.
The next psychological targets? $40, then $50. After that, you're into uncharted territory. If silver breaks $50 with momentum, there's no ceiling—only sentiment.
And let's not forget inflation-adjusted highs. Silver hit $49.45 in 1980. Adjusted for inflation, that's over $180 in 2025 dollars. Sounds crazy? So did $3,500 gold a few years ago.
The price of silver is doing something it hasn't done in over a decade: waking up. And whether you're an investor, prepper, industrial buyer, or macro trader, ignoring it now is reckless.
Silver is no longer just the "poor man's gold." It's a leverage play on everything going sideways in global markets—fiat devaluation, war, energy transition, you name it.
Yes, silver is volatile. Yes, it's manipulated. But that's why it moves fast when it finally moves. And right now? It's moving.
The spot price of silver is up over 30% in 2025 and holding key breakout levels.
Silver prices are being driven by both industrial demand and renewed investor interest.
The disconnect between paper and physical silver is growing—a bullish signal.
Technically, silver is targeting $40, $50, and beyond if momentum holds.
The price of silver is no longer a sleeper—it's a headline act in the global market drama.
Disclaimer: This article is for informational purposes only. None of this is financial advice. Do your research, stay skeptical, and don't let hype replace due diligence.