Silver Price Forecast 2030: What the Market Really Tells Us

Silver is stuck at a crossroads right now. It’s been trying to break through $38 per ounce—a level it hasn’t seen in over a decade—but sellers keep stepping in. The question isn’t whether silver will move, but when and how far.

The Real Picture: What’s Holding Silver Back?

Right now, silver trades around $36.20, up just 0.1% in 24 hours. Bears are defending the EMA20 trend line as key resistance, but the bulls aren’t backing down. If buyers push through, we’re looking at a rally toward $40. If they lose control, support sits at $35—and if that breaks, $32 is the next floor.

But here’s what matters: this technical struggle is temporary. Why? Because the fundamentals haven’t changed. Silver still gets pulled between two powerful forces:

1. Industrial demand that won’t quit – Solar panels, electric vehicles, electronics, medical tools. These industries aren’t going anywhere.
2. The safe-haven trade – When people get nervous about inflation or geopolitical risks, they buy silver. In 2025, the iShares Silver Trust (the world’s largest silver ETF) added nearly 11 million ounces. That’s institutional money talking.

Why 2030 Is the Real Inflection Point

Jump ahead to 2030, and the picture gets clearer. Market forecasts show silver averaging around $77.45 per ounce, with potential highs near $90. That’s more than double today’s price.

But don’t just take one forecast. Here’s what multiple analysts project for that timeframe:

• JP Morgan sees moderate industrial growth supporting prices toward $36 in 2025 alone, with tailwinds continuing into the next decade.
• Saxo Bank is more aggressive, expecting silver to surpass $40 as dollar weakness persists.
• Robert Kiyosaki takes the bullish extreme, claiming silver could hit $70 in 2025 alone—positioning it as “real money” against what he calls “fake” fiat currencies.

Meanwhile, CoinCodex urges caution, warning silver could trade $28–$36 in the near term due to volatility.

From Today to 2034: The Longer Story

The real opportunity isn’t in the noise of monthly price movements. It’s in the decade-long trajectory. Here’s what the numbers suggest:

Notice the pattern? The floor keeps rising. Even the pessimistic scenarios from 2034 ($87) surpass the optimistic scenarios from today ($50).

Silver’s Historical Lesson

Silver has seen worse. In 2005, it was $7 per ounce. By 2011, it hit nearly $49 before crashing. The 2008 financial crisis dropped it below $10. Yet here we are, over 20 years later, with silver up more than 5x from that $7 starting point.

The pandemic proved something important: when uncertainty spikes, silver outflows. It went from $20 to $30 in 2020 as investors fled risk. That pattern—institutions buying when things get scary—will likely repeat.

Three Reasons Silver Price Forecast 2030 Looks Solid

1. Supply-Demand Gap Is Real Silver production can’t keep pace with industrial demand. Unlike gold (mostly jewelry and hoarding), silver gets consumed. When supply tightens and demand stays strong, prices have nowhere to go but up.

2. The Dollar Weakness Thesis Every expert citing silver’s upside mentions U.S. dollar weakness. If the dollar weakens (a likely scenario given debt levels), dollar-denominated commodities like silver get cheaper for foreign buyers, driving demand higher.

3. Inflation Protection Is Always in Fashion When inflation hits, real assets shine. Silver isn’t just a bet on industrial growth—it’s a hedge. The higher inflation goes, the more attractive silver becomes relative to cash or bonds paying low rates.

Should You Buy? The Practical Answer

Investors targeting entry points see $30–$36 as the sweet spot. Some aggressive buyers are waiting for $28 if a major dip happens. The gold-silver ratio (how much gold equals an ounce of silver) is elevated right now, suggesting silver might be undervalued.

The key: holding beats timing. Trying to nail the bottom rarely works. But buying consistently in the $28–$40 range and holding to 2030? The math works even in moderate scenarios.

The Long View

Will silver reach $100 by 2034? The forecasts say it’s not just possible—it’s the base case when you average expert predictions. Will it be smooth sailing? No. Expect 10–15% pullbacks. Expect volatility. That’s silver’s nature.

But that volatility is also the admission price to asymmetric upside. The next decade could make silver one of the decade’s best-performing assets, especially as investors continue rotating into tangible assets like silver, gold, and real estate to hedge economic uncertainty.

For patient investors? Silver price forecast 2030 and beyond points to real opportunity.