Is it a good time to buy silver?

Gold may have the glamour, but silver’s making a serious play for the crown this year. 

In 2025, it’s not just jewellery boxes and coin collections - silver is powering electric vehicles, fuelling solar energy, and quietly becoming the metal behind the world’s next big tech leap. It’s affordable, in demand, and gaining ground fast. So, is silver finally stepping out of gold’s shadow? All signs point to yes.

Silver industrial demand meets investment charm

Silver’s not just riding the wave of hype - it’s riding a surge in real-world demand. Global silver usage is set to surpass 1.2 billion ounces this year. In India alone, imports have more than tripled in Q1, driven by booming sectors like electric vehicles (EVs), solar power, and next-gen tech.

To put it simply, we’re using more silver than we can dig up. Each EV needs around 50 grams of silver for its circuits and sensors. Solar panels also need Silver because of the industrial metal’s unmatched conductivity, which makes it essential to photovoltaic (PV) cells. Even AI chips and 5G infrastructure rely on it to stay cool and connected. The metal that once sat quietly in the background is now central to the green and digital revolutions.

Silver vs gold ratio: Macro moves are working in silver’s favour

It’s not just tech driving the silver story - the broader economic backdrop is also playing a big part. Central banks are back in rate-cutting mode, which tends to benefit precious metals. Meanwhile, the US dollar is on the ropes, making dollar-priced silver more attractive for global buyers.

Then there’s the gold-silver ratio, currently hovering around 100:1. That’s a flashing signal that silver is historically undervalued compared to gold. 

In past bull markets - think 2020 and 2024 - silver didn’t just keep pace with gold, it outperformed it.

Silver vs gold in 2025

With all that momentum, it’s no surprise investors are starting to rethink their portfolios. Silver isn’t just a hedge anymore - it’s a growth story, and one that’s far more accessible than gold.

Insiders say bullion buyers are now allocating 20-30% of their precious metals portfolio to silver, a big leap from years past. 

And while gold will always have an emotional and cultural pull, the world over, silver is proving itself to be more than just second best. It’s useful, affordable, and riding some of the biggest megatrends of the decade.

Silver price forecast

Silver has been underestimated for too long. But 2025 is shaping up to be its breakout year - the perfect blend of safe-haven and future-facing asset. Whether you’re an everyday saver, a sustainability-minded investor, or simply looking for smart diversification, silver is ticking all the right boxes. It may not have gold’s legacy. But in 2025, silver has something better: momentum.

Trade silver's movements with a Deriv X or a Deriv MT5 account today.