Silver to rise toward $48–$50 as rally gains strength

News Image

MG News | June 13, 2025 at 09:34 PM GMT+05:00

0:00

June 13, 2025 (MLN): Silver could now aim for the $48 to $50 per ounce range, levels not seen in over a decade, according to Sunil Kashyap, Director at FinMet.

The significant rise in silver prices is somewhat related to inventory imbalances in major trading centers such as New York and London, as per Shanghai Metals Market.

Daniel Ghali, Senior Commodity Strategist at TD Securities, explained that this unresolved market distortion could trigger a series of mini squeezes and drive silver prices to new highs in the near future.

He noted that silver ETFs have recently attracted inflows, further depleting the remaining inventory in the world's largest silver vault system in London.

Previously, due to tariff threats from the U.S., a large amount of silver had flowed from London to New York.

Ghali outlined that the current market structure is defined by an extremely scarce silver supply in London, where the amount available for free purchase is now less than the volume typically traded in a single day.

Despite this, the London market has yet to reflect the scarcity in its pricing, and the broader market has not priced in the necessary incentives to return silver to physical trading locations.

Related News

Name Price/Vol %Chg/NChg
KSE100 164,444.72
1,390.47M
-0.75%
-1241.66
ALLSHR 100,263.22
3,076.68M
-0.52%
-522.58
KSE30 50,467.16
136.66M
-0.90%
-456.01
KMI30 239,381.13
102.98M
-0.94%
-2269.59
KMIALLSHR 66,143.45
1,531.56M
-0.67%
-449.11
BKTi 46,609.98
59.41M
-0.86%
-404.53
OGTi 32,245.33
12.94M
-0.42%
-134.82
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,500.00 108,790.00
108,500.00
55.00
0.05%
BRENT CRUDE 61.02 62.75
60.84
-0.89
-1.44%
RICHARDS BAY COAL MONTHLY 80.50 0.00
0.00
-0.75
-0.92%
ROTTERDAM COAL MONTHLY 93.00 93.00
92.50
1.95
2.14%
USD RBD PALM OLEIN 1,085.00 1,085.00
1,085.00
0.00
0.00%
CRUDE OIL - WTI 57.07 57.09
56.97
-0.39
-0.68%
SUGAR #11 WORLD 15.85 15.87
15.58
0.16
1.02%

Chart of the Day


Latest News
October 16, 2025 at 05:20 PM GMT+05:00

CMPak, Huawei roll out high-power network upgrade


October 16, 2025 at 05:11 PM GMT+05:00

SBP reserves rise to $14.44bn in a week


October 16, 2025 at 05:11 PM GMT+05:00

CCP hosts lecture on economic equality


October 16, 2025 at 05:03 PM GMT+05:00

SECP commits to strengthening Takaful industry framework



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg