Silver prices performed well in 2025 and became the focus of the market. Senior investor Peter Krauth pointed out that silver is in a structural shortage due to a cumulative shortage of nearly 800 million ounces over the past five years, as well as surging demand in the photovoltaic industry and exhaustion of inventory. He predicts that as the gold to silver ratio is revised from the current 68 to a historic 15, silver will enter a “frenzy phase” in the next few years, with a target price of 300 US dollars/ounce. Despite the possibility of a short-term pullback, $50 has become a solid bottom.

Silver prices performed well in 2025 and became the focus of the market. Senior investor Peter Krauth pointed out that silver is in a structural shortage due to a cumulative shortage of nearly 800 million ounces over the past five years, as well as surging demand in the photovoltaic industry and exhaustion of inventory. He predicts that as the gold to silver ratio is revised from the current 68 to a historic 15, silver will enter a “frenzy phase” in the next few years, with a target price of 300 US dollars/ounce. Despite the possibility of a short-term pullback, $50 has become a solid bottom.