Silver rose to 37.02 USD/t.oz on August 1, 2025, up 0.93% from the previous day. Over the past month, Silver's price has risen 1.25%, and is up 29.60% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Silver - values, historical data, forecasts and news - updated on August of 2025.

Dataset of historical annual silver prices from 1970 to 2022, including significant events and acts that impacted silver prices.

Stay informed with real-time charts of international precious metal prices. Monitor spot prices for Silver in USD, GBP, and EUR. Access live updates here >>

In 2024, the average nominal price of silver in India was ****** Indian rupees for one kilogram, which was an increase of over ****** rupees from the previous year, and the highest figure during the period of consideration.

The price of gold per troy ounce increased considerably between 1990 and 2025, despite some fluctuations. A troy ounce is the international common unit of weight used for precious metals and is approximately **** grams. At the end of 2024, a troy ounce of gold cost ******* U.S. dollars. As of * June 2025, it increased considerably to ******** U.S. dollars. Price of – additional information In 2000, the price of gold was at its lowest since 1990, with a troy ounce of gold costing ***** U.S. dollars in that year. Since then, gold prices have been rising and after the economic crisis of 2008, the price of gold rose at higher rates than ever before as the market began to see gold as an increasingly good investment. History has shown, gold is seen as a good investment in times of uncertainty because it can or is thought to function as a good store of value against a declining currency as well as providing protection against inflation. However, unlike other commodities, once gold is mined it does not get used up like other commodities (for example, such as gasoline). So while gold may be a good investment at times, the supply demand argument does not apply to gold. Nonetheless, the demand for gold has been mostly consistent.

This time I deided to pay attention on the changes in metal prices within last 30 year. The most popular and interesting in visualization metals prices were tacken: Gold, Aluminium, Silver, Uranium and Nickel Don't forget to check out my previous "Price Changes within last 30 Years" datasets: 🌽 Cerial Prices Changes Within Last 30 Years ☕Coffee, Rice and Beef Prices Changes for 30 Years

According to Cognitive Market Research, the global silver bullion market size is USD XX million in 2024 and will expand at a compound annual growth rate (CAGR) of 4.00% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.2% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD XX million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
The US had the most significant global silver bullion market revenue share in 2024.

Market Dynamics of Silver Bullion Market

Key Drivers of Silver Bullion Market

Increasing Demand for Safe Haven Investments

The increasing wish for safe haven investments is driving the market for silver bullion to continue growing. Investors look for assets that deliver stability and wealth preservation throughout difficult economic, geopolitical, and market situations. Due to its inherent worth and historical importance as a wealth vault, silver is drawing more and more attention from investors trying to diversify their holdings and protect themselves from inflation and currency depreciation. The COVID-19 pandemic's aftereffects, trade disputes, and geopolitical tensions have all contributed to the current state of the global economy, which has raised investor anxieties and increased demand for silver bullion. Concerns about possible inflationary pressures are developing as governments execute large stimulus programs and central banks adopt loose monetary policies; this is pushing investors into physical assets like silver.

Increasing Industrial Applications Will Promote Market Expansion

The market for silver bullion is also expected to rise significantly due to the growing number of industrial uses. Due to its special qualities, which include its high conductivity, malleability, and resistance to corrosion, silver is used in a wide range of industries, including electronics, healthcare, automotive, and renewable energy. The industrial demand for silver is anticipated to grow in the upcoming years due to technological developments and advancements boosting demand in developing applications including solar panels, electric vehicles, and 5G technology. Silver's industrial demand is further bolstered by its antibacterial characteristics, which render it increasingly desirable in therapeutic applications. The market for silver bullion is expected to increase steadily as long as industries keep innovating and creating new goods that need silver. Investors who are eager to profit from the growing industrial need for this precious metal will be drawn to this market.

Restraint Factors Of Silver Bullion Market

Volatility in Precious Metal Prices will hinder market growth.

The price volatility of precious metals can have a substantial impact on the development of the silver bullion market. The price of silver can vary due to changes in currency values, geopolitical tensions, and global economic conditions. Investors get indeterminate as a result of these swings, which could make them unwilling to buy silver bullion. Investors who bought silver at higher prices may lose money as a result of abrupt price reductions, which could affect market liquidity and confidence. Businesses that use silver as a raw resource, such as manufacturers, face difficulties due to the unpredictable nature of silver pricing. Businesses may find it challenging to correctly manage expenses and plan production schedules in the face of shifting silver prices. Price variations can disrupt the supply chain, as suppliers and buyers are driving the changing market conditions.

Market participants may use hedging techniques or look for alternate investments to lessen the impact of price volatility, which could result in money being taken out of...

global-silver-prices data, recent 44 years (traceable to Jul 01,1982), the unit is USD/oz.t, latest value is 37.13, updated at Jul 30,2025

Interactive chart of the daily 3 month LIBOR rate back to 1986. The London Interbank Offered Rate is the average interest rate at which leading banks borrow funds from other banks in the London market. LIBOR is the most widely used global "benchmark" or reference rate for short term interest rates.

Dataset of historical annual gold prices from 1970 to 2024, including significant events and acts that impacted gold prices.

Between January 1971 and May 2025, gold had average annual returns of **** percent, which was only slightly more than the return of commodities, with an annual average of around eight percent. The annual return of gold was over ** percent in 2024. What is the total global demand for gold? The global demand for gold remains robust owing to its historical importance, financial stability, and cultural appeal. During economic uncertainty, investors look for a safe haven, while emerging markets fuel jewelry demand. A distinct contrast transpired during COVID-19, when the global demand for gold experienced a sharp decline in 2020 owing to a reduction in consumer spending. However, the subsequent years saw an increase in demand for the precious metal. How much gold is produced worldwide? The production of gold depends mainly on geological formations, market demand, and the cost of production. These factors have a significant impact on the discovery, extraction, and economic viability of gold mining operations worldwide. In 2024, the worldwide production of gold was expected to reach *** million ounces, and it is anticipated that the rate of growth will increase as exploration technologies improve, gold prices rise, and mining practices improve.

Silver prices hit a 14-year high due to rising US trade tensions, with increased demand for safe-haven assets like silver.

Rhodium price data, historical values, forecasts, and news provided by Money Metals Exchange. Rhodium prices and trends updated regularly to provide accurate market insights.

In 2023, purchases abroad of silver including silver plated with gold or platinum decreased by -55.7% to 30 tons, falling for the second consecutive year after two years of growth.

Snapshot img

Precious Metals Market Size 2025-2029

The precious metals market size is forecast to increase by USD 105.3 billion, at a CAGR of 6.4% between 2024 and 2029. The market is characterized by its role as a safe haven in times of economic instability. Amid increasing global uncertainty, investors continue to seek refuge in precious metals, driving market demand.

Major Market Trends & Insights

APAC dominated the market and accounted for a 44% share in 2023.
The market is expected to grow significantly in North America region as well over the forecast period.
Based on the Type, the gold segment led the market and was valued at USD 110.60 billion of the global revenue in 2023.
Based on the Application, the industrial segment accounted for the largest market revenue share in 2023.

Market Size & Forecast

Market Opportunities: USD 289.40 Billion
Future Opportunities: USD 105.3 Billion
CAGR (2024-2029): 6.4%
APAC: Largest market in 2023

The market continues to evolve, driven by diverse applications across various sectors. Refining byproducts serve as crucial inputs in numerous industries, such as silver halide photography and catalytic converters. Metal corrosion resistance makes precious metals indispensable in secondary refining processes, dental gold alloys, and jewelry manufacturing techniques. Industry growth expectations remain robust, with precious metal trading projected to expand by 5% annually. For instance, the gold refining process has seen significant advancements in metal purity standards, leading to the production of investment-grade bullion. Silver recovery methods have also improved, enabling higher yields from ore processing methods. Platinum group metals, including palladium, find extensive applications in chemical extraction methods, electroplating processes, and electronic components.

What will be the Size of the Precious Metals Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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Metal futures contracts provide a vital platform for precious metal investment, allowing market participants to hedge against spot price fluctuations. Metallurgical analysis plays a pivotal role in understanding metal alloy composition and assaying techniques, ensuring consistent product quality. Meanwhile, mining production data and metal refining technology continue to advance, enhancing mine efficiency and reducing production costs. An illustrative example of market dynamics can be seen in the silver market, where the price increased by 30% in 2020 due to increased industrial demand and reduced mine production. Precious metal recycling and platinum electrode fabrication further contribute to the market's continuous unfolding. The silver segment is the second largest segment of the type and was valued at USD 102.90 billion in 2023.

However, this market is not without challenges. The growing focus on Environmental, Social, and Governance (ESG) factors poses significant obstacles. Specifically, concerns over the environmental impact of mining and extraction processes are gaining prominence, potentially leading to increased regulations and operational challenges for market participants. Companies must navigate these regulatory hurdles while also addressing social concerns, such as labor rights and community engagement, to maintain a positive market reputation.

In addition, governance issues, including transparency and ethical sourcing, continue to be critical considerations for investors. To capitalize on market opportunities and effectively manage these challenges, companies must prioritize sustainable practices, robust stakeholder engagement, and transparent reporting. By doing so, they can not only mitigate risks but also differentiate themselves in a competitive market landscape.

How is the Precious Metals Industry segmented?

The precious metals industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Gold
  Silver
  Platinum


Application

  Industrial
  Jewelry
  Investment


End-use Industry

  Jewelry Manufacturing
  Automotive (Catalytic Converters)
  Electronics
  Chemical Processing
  Healthcare


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Type Insights

The gold segment is estimated to witness significant growth during the forecast period. The segment was valued at USD 110.60 billion in 2023. It continued to the largest segment at a CAGR of

Copper rose to 4.42 USD/Lbs on August 1, 2025, up 0.29% from the previous day. Over the past month, Copper's price has fallen 14.18%, but it is still 7.63% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Copper - values, historical data, forecasts and news - updated on August of 2025.

About This Dataset: Copper Prices and Market Trends

    This dataset provides **insights into copper prices**, including current rates, historical trends, and key factors affecting price fluctuations. Copper is essential in **construction**, **electronics**, and **transportation** industries. Investors, traders, and analysts use accurate copper price data to guide decisions related to **trading**, **futures**, and **commodity investments**.

    ### **Key Features of the Dataset**

    #### **Live Market Data and Updates**
    Stay updated with the latest **copper price per pound** in USD. This data is sourced from exchanges like the **London Metal Exchange (LME)** and **COMEX**. Price fluctuations result from **global supply-demand shifts**, currency changes, and geopolitical factors.

    #### **Interactive Copper Price Charts**
    Explore **dynamic charts** showcasing real-time and historical price movements. These compare copper with **gold**, **silver**, and **aluminium**, offering insights into **market trends** and inter-metal correlations.

    ### **Factors Driving Copper Prices**

    #### **1. Supply and Demand Dynamics**
    Global copper supply is driven by mining activities in regions like **Peru**, **China**, and the **United States**. Disruptions in production or policy changes can cause **supply shocks**. On the demand side, **industrial growth** in countries like **India** and **China** sustains demand for copper.

    #### **2. Economic and Industry Trends**
    Copper prices often reflect **economic trends**. The push for **renewable energy** and **electric vehicles** has boosted long-term demand. Conversely, economic downturns and **inflation** can reduce demand, lowering prices.

    #### **3. Impact of Currency and Trade Policies**
    As a globally traded commodity, copper prices are influenced by **currency fluctuations** and **tariff policies**. A strong **US dollar** typically suppresses copper prices by increasing costs for international buyers. Trade tensions can also disrupt **commodity markets**.

    ### **Applications and Benefits**

    This dataset supports **commodity investors**, **traders**, and **industry professionals**:

    - **Investors** forecast price trends and manage **investment risks**. 
    - **Analysts** perform **market research** using price data to assess **copper futures**. 
    - **Manufacturers** optimize supply chains and **cost forecasts**.

    Explore more about copper investments on **Money Metals**:

    - [**Buy Copper Products**](https://www.moneymetals.com/buy/copper) 
    - [**95% Copper Pennies (Pre-1983)**](https://www.moneymetals.com/pre-1983-95-percent-copper-pennies/4) 
    - [**Copper Buffalo Rounds**](https://www.moneymetals.com/copper-buffalo-round-1-avdp-oz-999-pure-copper/297)

    ### **Copper Price Comparisons with Other Metals**

    Copper prices often correlate with those of **industrial** and **precious metals**:

    - **Gold** and **silver** are sensitive to **inflation** and currency shifts. 
    - **Iron ore** and **aluminium** reflect changes in **global demand** within construction and manufacturing sectors.

    These correlations help traders develop **hedging strategies** and **investment models**.

    ### **Data Variables and Availability**

    Key metrics include:

    - **Copper Price Per Pound:** The current market price in USD. 
    - **Copper Futures Price:** Data from **COMEX** futures contracts. 
    - **Historical Price Trends:** Long-term movements, updated regularly. 

    Data is available in **CSV** and **JSON** formats, enabling integration with analytical tools and platforms.

    ### **Conclusion**

    Copper price data is crucial for **monitoring global commodity markets**. From **mining** to **investment strategies**, copper impacts industries worldwide. Reliable data supports **risk management**, **planning**, and **economic forecasting**.

    For more tools and data, visit the **Money Metals** [Copper Prices Page](https://www.moneymetals.com/copper-prices).

In 2024, after four years of growth, there was significant decline in the Guatemalan semi-manufactured silver market, when its value decreased by -10.9% to $30M. In general, the total consumption indicated a tangible expansion from 2012 to 2024: its value increased at an average annual rate of +3.4% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.

Solar Glass Silver Recovery Market Outlook

According to our latest research, the global solar glass silver recovery market size in 2024 stands at USD 410 million, reflecting the sector’s rapid emergence as a key player in renewable energy material recycling. The market is registering a robust CAGR of 12.7% through the forecast period, with projections indicating a market value of USD 1,210 million by 2033. This dynamic growth is primarily driven by the escalating adoption of solar photovoltaic technologies and the mounting emphasis on sustainable resource management within the solar industry. The increasing volume of decommissioned solar panels, coupled with rising silver prices and stringent environmental regulations, are catalyzing the adoption of advanced silver recovery processes from solar glass across global markets.

One of the principal growth factors for the solar glass silver recovery market is the exponential increase in solar panel installations worldwide. As the lifespan of photovoltaic panels typically ranges from 20 to 30 years, a significant number of early installations are now reaching their end-of-life phase. This surge in decommissioned panels is creating a substantial feedstock for silver recovery, as each unit contains trace but valuable amounts of silver used in conductive pastes. With the global push toward net-zero emissions and the circular economy, solar panel recycling, especially the recovery of precious metals like silver, is becoming an industry imperative. Additionally, the volatility and upward trend in silver prices are incentivizing both manufacturers and recyclers to invest in efficient recovery technologies, further fueling market expansion.

Technological advancements in silver recovery processes are another critical driver of market growth. Innovations in chemical, electrolytic, and mechanical recovery methods are enhancing recovery rates, minimizing environmental impact, and reducing operational costs. The introduction of automated, closed-loop systems and the integration of artificial intelligence for process optimization are streamlining the extraction of silver from complex solar glass matrices. These technological improvements are not only boosting the profitability of recovery operations but are also making the process more accessible to a broader range of end-users, including smaller recycling companies and new entrants. The ongoing research and development in this field are expected to further elevate recovery efficiencies and set new industry benchmarks over the coming decade.

Regulatory frameworks and sustainability mandates are shaping the future of the solar glass silver recovery market. Governments and international organizations are introducing stricter e-waste management policies and extended producer responsibility (EPR) schemes, compelling solar panel manufacturers and users to ensure responsible end-of-life management. These regulations are driving investments in recycling infrastructure and encouraging the adoption of best practices in silver recovery. Furthermore, green certifications and sustainability reporting are becoming key differentiators for companies operating in the solar value chain, thereby stimulating demand for high-quality, environmentally friendly silver recovery solutions.

Regionally, Asia Pacific dominates the market due to its vast solar panel manufacturing base and rapid adoption of renewable energy. China, Japan, and India are at the forefront, supported by favorable government policies and significant investments in recycling infrastructure. North America and Europe are also witnessing substantial growth, driven by mature solar markets, advanced recycling technologies, and stringent environmental standards. The Middle East & Africa and Latin America, while currently smaller in scale, are poised for accelerated growth as solar deployment expands and regulatory frameworks evolve. This regional diversity underscores the global relevance and multifaceted opportunities present in the solar glass silver recovery market.

Process Type Analysis&l

In March 2024 Bitcoin BTC reached a new all-time high with prices exceeding 73000 USD marking a milestone for the cryptocurrency market This surge was due to the approval of Bitcoin exchange-traded funds ETFs in the United States allowing investors to access Bitcoin without directly holding it This development increased Bitcoin’s credibility and brought fresh demand from institutional investors echoing previous price surges in 2021 when Tesla announced its 15 billion investment in Bitcoin and Coinbase was listed on the Nasdaq By the end of 2022 Bitcoin prices dropped sharply to 15000 USD following the collapse of cryptocurrency exchange FTX and its bankruptcy which caused a loss of confidence in the market By August 2024 Bitcoin rebounded to approximately 64178 USD but remained volatile due to inflation and interest rate hikes Unlike fiat currency like the US dollar Bitcoin’s supply is finite with 21 million coins as its maximum supply By September 2024 over 92 percent of Bitcoin had been mined Bitcoin’s value is tied to its scarcity and its mining process is regulated through halving events which cut the reward for mining every four years making it harder and more energy-intensive to mine The next halving event in 2024 will reduce the reward to 3125 BTC from its current 625 BTC The final Bitcoin is expected to be mined around 2140 The energy required to mine Bitcoin has led to criticisms about its environmental impact with estimates in 2021 suggesting that one Bitcoin transaction used as much energy as Argentina Bitcoin’s future price is difficult to predict due to the influence of large holders known as whales who own about 92 percent of all Bitcoin These whales can cause dramatic market swings by making large trades and many retail investors still dominate the market While institutional interest has grown it remains a small fraction compared to retail Bitcoin is vulnerable to external factors like regulatory changes and economic crises leading some to believe it is in a speculative bubble However others argue that Bitcoin is still in its early stages of adoption and will grow further as more institutions and governments recognize its potential as a hedge against inflation and a store of value 2024 has also seen the rise of Bitcoin Layer 2 technologies like the Lightning Network which improve scalability by enabling faster and cheaper transactions These innovations are crucial for Bitcoin’s wider adoption especially for day-to-day use and cross-border remittances At the same time central bank digital currencies CBDCs are gaining traction as several governments including China and the European Union have accelerated the development of their own state-controlled digital currencies while Bitcoin remains decentralized offering financial sovereignty for those who prefer independence from government control The rise of CBDCs is expected to increase interest in Bitcoin as a hedge against these centralized currencies Bitcoin’s journey in 2024 highlights its growing institutional acceptance alongside its inherent market volatility While the approval of Bitcoin ETFs has significantly boosted interest the market remains sensitive to events like exchange collapses and regulatory decisions With the limited supply of Bitcoin and improvements in its transaction efficiency it is expected to remain a key player in the financial world for years to come Whether Bitcoin is currently in a speculative bubble or on a sustainable path to greater adoption will ultimately be revealed over time.