With inflation expectations moderately rising, the silver price forecast anticipates an uptick in safe-haven buying. Spot silver climbed 1.1% this week to $28.34, reflecting positive sentiment as bond yields edged lower, enhancing precious metals appeal. Jobless claims measure how many people filed for unemployment benefits. Learn how this metric affects financial markets and what it signals for the U.S. economy. In 2024, silver prices rallied from around $22 to as high as $35 in October. Although prices retreated briefly in the last two months of 2024, there was an impressive recovery in Q1 2025. Prices have surpassed all-time highs, with bulls holding steady and rejecting attempts at lower lows. If gold prices edge higher, silver will benefit. Accordingly, there is a high probability of silver breaking $45 and rallying to as high as $50. Silver will likely remain broadly range-bound between $25 and $50 in 2025. Silver price forecast for Q2 2024 suggests a potential range of $27.50–$29.20 per ounce, driven by steady industrial demand and investor interest amid ongoing global inflation concerns. Recent COMEX data shows open interest in silver futures climbing 4%, signaling bullish sentiment. Traders are watching U.S. CPI data for directional cues.