In the first 6 months of 2025, silver prices rose 25%, matching gold’s 26% rise. Many investors invested in silver through Exchange-Traded Products (ETPs). By mid-2025, 95 million ounces of silver had been added to ETPs – more than the entire 2024 total. 1.13 billion ounces of silver were reportedly held in ETPs, worth more than $40 billion.
On the CME Exchange, the number of investors buying silver futures increased by 163%. There was good demand for silver in Europe and India. In the US, silver demand fell by 30% – many took advantage of the price increase to profit.