silver_futures_forecast_december_2025

Silver futures are expected to stay at high levels with a gentle upward tilt over the next year. Tight physical supply in key hubs and growing ETF buying, along with expectations for easier U.S. monetary policy, support demand. The forecast path points to about $57.54 per ounce in December 2025, rising into the low 60s in early 2026, and peaking near $66–$67/oz by late 2026, before a mild pullback. The market has already re-priced higher and is now trading in a high but volatile plateau rather than returning to previous levels. This environment affects hedging, purchasing, and investment decisions for industrial users, miners, and financial investors. Key drivers include record flows into London, low Shanghai inventories, and anticipation of deeper Fed rate cuts, all contributing to solid physical and financial demand amid supply tightness.