Silver Price Prediction: Will December 2025 Close Above $40?

Silver is a metal that catches the eye of both investors and collectors. Its price moves up and down, sometimes following gold, sometimes charting its own course. As we look ahead to December 2025, many wonder: will silver close above $40 per ounce?

Right now, most forecasts paint a picture of steady but cautious growth for silver through the end of 2025. Some predictions suggest silver could reach around $28 to $30 by December 2025. Others are more optimistic, hinting at prices climbing toward the mid-$30s or even higher if market conditions shift in favor of precious metals.

Looking at recent trends, silver has been trading mostly between $25 and $35 per ounce for much of 2024 and early 2025. This range reflects both support from buyers near the lower end and resistance from sellers as prices rise toward the upper end. The long-term pattern shows that silver has been making higher lows over several years—a sign that overall sentiment is positive.

However, breaking above $40 would require a strong push—something not seen since earlier peaks in history like those in 1980 or 2011. For this to happen before December 2025 would mean either a major economic event or a sudden surge in demand for industrial uses or investment.

Some analysts believe that while silver may eventually follow gold’s lead higher—especially if gold keeps setting new records—silver often lags behind by months or even years. The current technical patterns suggest support around $25 per ounce with selling pressure likely to emerge as prices approach $40.

In short: most forecasts do not expect silver to close above $40 by December 2025 unless there is an unexpected shock or dramatic change in market conditions. The consensus leans toward gradual gains rather than explosive jumps within this timeframe.

Investors should keep an eye on global economic news, central bank policies, and industrial demand trends—these factors will play big roles in whether silver can break out beyond its recent ranges anytime soon.