Silver Rallies as Precious Metal Markets Bounce

It has been a positive week for precious metal bulls, with silver in particular showing bullish signs after a period of consolidation.

Last trading at USD $48.60 per troy ounce (oz), silver has rallied by almost 5% from the lows seen in late October and looks like it may again push toward the psychologically important USD $50oz price level.

This would set both silver - and potentially the broader precious metal market - up well for a strong-run into Christmas, though it is worth mentioning that even if prices were to hold steady for the rest of 2025, silver is still up a market leading 65% in USD terms, one of the best calendar years on record.

Gold has also firmed in recent days, though it has yet to reclaim the USD $4,000oz price point, with a meaningful share of speculators and financial market participants that trade gold still expecting this period of consolidation to continue.

While that may prove right, long-term investors are already adding to their bullion holdings, while many first-time investors that opened accounts with ABC Bullion in recent weeks are using this current pullback as the perfect opportunity to make their first allocation to gold and silver.

Those investments are not only for physical products like our signature 1oz ABC Bullion gold cast bar and 1 kilo ABC Bullion silver kilo bar, but also for pool allocated metals, and clients signing up to the ABC Bullion Gold Saver, which continues to surge in popularity.

These investors are likely to be well rewarded, with State Street’s Aakash Doshi, their head of gold strategy, suggesting prices could surge toward USD $5,000oz by next year.

Thank you for choosing ABC Bullion.

Jordan Eliseo
General Manager, ABC Bullion

Luke Tyler
Market and Business Analyst, ABC Bullion

^{Disclaimer: This document has been prepared by Australian Bullion Company (NSW) Pty Limited (ABN 82 002 858 602) (ABC). The information contained in this document or internet related link (collectively, Document) is of a general nature and is provided for information purposes only. It is not intended to constitute advice, nor to influence any person in making a decision in relation to any precious metal or related product. To the extent that any advice is provided in this Document, it is general advice only and has been prepared without taking into account your objectives, financial situation or needs (your Personal Circumstances). Before acting on any such general advice, we recommend that you obtain professional advice and consider the appropriateness of the advice having regard to your Personal Circumstances. If the advice relates to the acquisition, or possible acquisition of any precious metal or related product, you should obtain independent professional advice before making any decision about whether to acquire it. Although the information and opinions contained in this document are based on sources, we believe to be reliable, to the extent permitted by law, ABC and its associated entities do not warrant, represent or guarantee, expressly or impliedly, that the information contained in this document is accurate, complete, reliable or current. The information is subject to change without notice, and we are under no obligation to update it. Past performance is not a reliable indicator of future performance. If you intend to rely on the information, you should independently verify and assess the accuracy and completeness and obtain professional advice regarding its suitability for your Personal Circumstances. To the extent possible, ABC, its associated entities, and any of its or their officers, employees and agents accepts no liability for any loss or damage relating to any use or reliance on the information in this document. It is intended for the use of ABC clients and may not be distributed or reproduced without consent. © Australian Bullion Company (NSW) Pty Limited 2020.}