Far from the financial markets and monitoring the performance of silver in the past year and linking its performance to gold, it goes beyond the fact that Silver is a safe haven like gold, and how silver prices doubled over the past year until it reached a previous record by the end of the year at 82 dollars per ounce, and Silver earned 2.5 trillion dollars during 2025, while its prices in 2022 were about 20 dollars per ounce, this analysis was never to be compared with a safe haven or considered it those secrets we'll be following up on are backed up by numbers.
اضافة اعلان
Silver is one of the metals that are included in many industries such as electronics from smartphones, cameras, monitors, computers, fossil fuel cars, electric and hybrid cars, military and medical industries and alternative energy sources from solar panels;with the accelerated technological progress after Corona pandemic and the trend towards alternative energy, artificial intelligence and electric cars, the demand for Silver has increased,the figures below prove the correctness and accuracy of the analysis.
The world's silver reserves are about 530 thousand tons, and the demand for them is increasing every year, with the annual global production rate of 26 thousand metric tons, of which 40% goes to investment, jewelry and bullion industry,and the remaining 60% to industry and other fields (estimates for 2024), if the consumption rate remained constant, we would need about 20 years to consume the global reserve ,but reality says that the industrial needs for silver are increasing, so they understand two industries that depleted silver during the year 2024 are :
1)Solar panels :where one panel needs an average of 20 grams of silver, and according to statistics during the previous ten years, the consumption of silver panels has increased by almost 300%, which means that in the next five years the solar panel industry will consume 40% of the annual silver production.
2)The automotive industry, 10% will go to the consumption of fuel cars,electric and hybrid cars, the electric car consumes 50 grams of silver at its upper limit while the fuel car consumes at its upper limit 28 grams, while the hybrid car consumes 34 grams at its upper limit, and because the production of electric cars is increasing and fuel cars are decreasing, this will lead to a rise in silver consumption in the next coming 5 years, as is the case with the world's orientation to clean energy and the construction of huge data centers, all of which need solar panels, that increases the demand for silver during the next five years as well, and the annual production is not enough demand for silver in industries. And also do not forget the arms race among Western countries by raising defense budgets to 5% of their GDP from what was previously about 1.5%, which means more weapons that use technology from warplanes, battleships, various missiles, robots and drones.
Therefore, Silver will be lost from world markets and its price will increase to reach about 300 dollars per ounce in the coming few years, no matter how speculations today in the markets to make profits are only calculations on screens, reality will impose itself and we will see silver is not subject to speculators calculations .
GM of Jobkins Center for Strategic Studies.
Expert, strategic and economic analyst.
Engineer Mohannad Abbas Haddadin.
