Analysts referencing silver price forecast May 2025 point to investor rotation from equities into commodities following Q1 market correction, with silver outperforming on relative strength metrics. 24/7 gold price tracking: Don't forget you can monitor the current price of gold on Yahoo Finance 24 hours a day, seven days a week. "I'm guessing the mining sector produced something in the order of 800, maybe 825 million ounces in 2022," Neumeyer said when giving a Q4 2022 overview for his company. "Consumption numbers look like they're somewhere between 1.2 and 1.4 billion ounces. That's due to all the great technologies, all the newfangled gadgets that we're consuming. Electric vehicles, solar panels, windmills, you name it. All these technologies require silver ... that's a pretty big (supply) deficit." Technical chartists note silver price forecast May 2025 is approaching a breakout from a six-month ascending triangle pattern. Such formations historically yield 8-12% moves, implying a May target at $30.20 under bullish momentum.
