
Silver Price Forecast for Tomorrow, Next Week, and Years (2024-2035)
Silver Price Forecast: Silver (XAG) is a precious metal and is considered a safe investment just like gold, but not as much as gold. Silver has always been a dynamic asset in the precious metals sector that has always attracted the attention of investors and analysts. Investors generally consider silver a long-term investment option, and they invest in it to diversify their risk.
Over longer-term time frames, silver has a relatively high correlation with gold, but there are different charts of all-time highs. Along with this, industrial demand is the main cause for influenced silver price.
In this article, you will learn about short-term and long-term price forecasts for silver, as well as indicator-based technical analysis of XAG/USD for one day and the next week.
On this page, you will find the latest information about the current price of silver and forecasted prices for tomorrow, next week, and the coming years.
- Asset prices are updated every minute.
- Technical indicator data is updated based on a specific time frame.
- The price chart is updated every minute.
- Short-term and long-term silver price forecasts are updated automatically.
Indicator-Based Technical Analysis of XAG/USD
You can find better entry points through the indications of the technical analysis tools given below.
- “Sell” or “Strong Sell” means that most signals are bearish.
- “Buy” or “Strong Buy” means that most signals are bullish.
Keep in mind that signals may vary in different time frames. It is recommended to use settings from 5 minutes to 2 hours for short-term transactions. And if you want to keep the silver for more than a week it is recommended to use settings ranging from days to weeks.
Daily Silver (XAG) Price Forecast
Forecasts indicate that XAG could be at $24.77 tomorrow.
Date | Weekday | Min | Max | Price |
---|---|---|---|---|
05/15 | Thursday | 31.04 | 34.3 | 32.67 |
05/16 | Friday | 31.31 | 34.61 | 32.96 |
05/19 | Monday | 31.32 | 34.62 | 32.97 |
05/20 | Tuesday | 31.27 | 34.57 | 32.92 |
05/21 | Wednesday | 31.27 | 34.57 | 32.92 |
05/22 | Thursday | 32 | 35.36 | 33.68 |
05/23 | Friday | 31.28 | 34.58 | 32.93 |
05/26 | Monday | 31.11 | 34.39 | 32.75 |
05/27 | Tuesday | 30.74 | 33.98 | 32.36 |
05/28 | Wednesday | 30.86 | 34.1 | 32.48 |
05/29 | Thursday | 30.93 | 34.19 | 32.56 |
05/30 | Friday | 30.43 | 33.63 | 32.03 |
06/02 | Monday | 30.44 | 33.64 | 32.04 |
06/03 | Tuesday | 31.44 | 34.74 | 33.09 |
06/04 | Wednesday | 31.26 | 34.56 | 32.91 |
06/05 | Thursday | 31.37 | 34.67 | 33.02 |
06/06 | Friday | 31.38 | 34.68 | 33.03 |
06/09 | Monday | 31.16 | 34.44 | 32.80 |
06/10 | Tuesday | 31.62 | 34.94 | 33.28 |
06/11 | Wednesday | 31.64 | 34.98 | 33.31 |
06/12 | Thursday | 31.76 | 35.1 | 33.43 |
06/13 | Friday | 32.88 | 36.34 | 34.61 |
06/16 | Monday | 33 | 36.48 | 34.74 |
06/17 | Tuesday | 34.34 | 37.96 | 36.15 |
Long-Term Silver (XAG) Price Forecast 2024–2035
According to our long-term price forecast, XAG could reach $34.35 by the end of 2025, up 38% from today, $57.93 by 2030, and $85.70 by 2035.
Year | Mid-Year | Year-End | Tod/End,% |
---|---|---|---|
2025 | $34 | $37.01 | +14% |
2026 | $38 | $38.75 | +19% |
2027 | $42 | $43.66 | +34% |
2028 | $49 | $53.63 | +65% |
2029 | $58 | $63.70 | +96% |
2030 | $69 | $72.63 | +124% |
2031 | $74 | $75.75 | +133% |
2032 | $80 | $84.82 | +161% |
2033 | $89 | $93.78 | +189% |
2034 | $98 | $102.64 | +216% |
2035 | $104 | $105.61 | +225% |
2036 | $110 | $113.86 | +251% |
*Tod/End,%: The rise from today to year-end
Gold (XAU) Price Forecast for Tomorrow, Next Week, and Years (2024-2035)
Gold has been considered a highly valuable commodity since ancient times, and its price is widely followed in financial markets around the world. Mostly quoted in US dollars (XAU/USD), the price of gold rises as stocks and bonds fall. READ MORE
Current XAG/USD Chart
What Factors Can Affect the Price of Silver (XAG) in the Future?
Key factors impacting the silver price:
- Industrial Demand: Silver is used in making industrial equipment, including electronics, solar panels, and medical devices. Here, the direct effect of an increase in demand for silver affects its price.
- Supply of Silver: A decrease or increase in silver production can also affect its price.
- Investor sentiment: Like gold, silver is also viewed as a safe-haven asset by investors. In such a situation, demand from investors can also increase the price of silver.
- Silver and the US Dollar: An inverse relationship exists between these two; a weak dollar often boosts the price of silver, while a strong dollar tends to push the price of silver down.
- Gold Price: Silver and gold have a historical relationship. And like gold, it also has investment demand. Changes in the price of gold can affect the demand for silver, and the relative value of gold and silver can alter investor preferences between the two metals.
- Economic forces and geopolitical events: Economic forces such as inflation, interest rates, and geopolitical events such as wars, terrorist attacks, economic crises, and changes in the political regimes of various countries can impact the price of silver.
FAQs
What will Silver (XAG) be worth in 2025?
According to analysts, the XAG price could be $34.35 in 2025.
What is the silver (XAG) price forecast for the next 5 years?
As per moderately optimistic forecasts, the silver (XAG) price will be $53.43 in five years.
What will Silver (XAG) be worth in 2030?
According to analysts, the XAG price could be $57.93 in 2030.
What is the silver (XAG) price forecast for the next 10 years?
As per long-term forecasts, the price of silver could reach $79.49 in ten years.
Is Silver a good investment?
Projected silver prices in the coming years indicate potential growth driven by factors such as industrial demand, inflation trends, and global economic growth. On the other hand, uncertainties also exist, including volatility, technological progress, and macroeconomic changes.
However, it cannot be denied that demand for silver has increased in recent years due to the increasing industrial use of solar panels, batteries, and other technologies. There is a possibility of further increases, which will increase the price, and it can prove to be a profitable investment for investors.
Price Prediction Methodology
Tools used for forecasting
- Technical analysis is the basic tool. It involves studying price charts and using indicators to forecast future price movements. The analysis has mostly been done on medium- and long-term time frames for more accurate results.
- The likelihood, kind, and strength of a fundamental element that could affect the price are all assessed with the use of statistical methods.
- Predictive modeling uses statistical algorithms to forecast future prices based on historical data.
- Forecasts are based on consensus and expert opinion.
This article does not contain any investment advice and is for informational purposes only. Be aware of the high volatility of commodity markets and consider these risks when making investment decisions.