how much will silver be worth in 2030

By 2030, silver is expected to be worth between approximately $60 and $81 per ounce, based on a broad consensus of financial analysts, market forecasts, and expert predictions. Many forecasts suggest a significant price increase driven by growing industrial demand—particularly from sectors like electric vehicles, solar panels, and electronics—which are using more silver as part of the global energy transition. Some optimistic projections anticipate silver reaching peaks around $75 or even higher, while more conservative estimates expect prices to reach into the low $80 range by the end of 2030. Several sources analyze silver’s historical growth rate, which has been about 12.7% CAGR from 2020 to mid-2025, to forecast prices potentially between $66 and $70 in 2030. More ambitious growth projections, factoring in supply deficits and rising demand from clean energy technologies, could push prices toward or beyond $75–$100 per ounce, though such high prices are less commonly agreed upon and come with greater uncertainty. Some models cite artificial intelligence and advanced forecasting techniques anticipating over 126% cumulative gains compared to current levels. The price drivers include increased demand in emerging technology markets and tighter silver supply, all of which point to a bullish long-term silver price outlook by 2030. In summary, a reasonable expectation for silver's price in 2030 is likely in the range of $60 to $81 per ounce with potential upside beyond that depending on market developments and technological advancements impacting demand.