Gold vs. silver: A closer look at the market's future
Report by Theresia Rahme, English Adaptation by Karine Keuchkerian
Amid market shifts and fluctuating prices, a key question emerges: what's the difference between gold and silver, and which is the better investment?
Gold is considered a safe investment, maintaining its value, and is used by central banks as a monetary reserve with a high price. Recently, the price of an ounce reached $3,000.
On the other hand, silver is much cheaper, with the price of one ounce around $29. But why do some predictions suggest silver might reach $100 per ounce?
Silver has become an essential component in modern technology, from solar energy to electric cars, batteries, 5G, and artificial intelligence. As the world advances technologically, the demand for silver is expected to keep rising.
This rapid growth in demand faces the reality that silver mines are not producing enough to meet global needs, increasing the likelihood that silver's value will rise in the future.
The highest price silver reached was nearly $50 per ounce in the late 1970s, and it came close to that level again in 2011. That significant rise at the time was driven by strong investment demand for silver.
Although silver has not reached those prices again, predictions suggest the overall trend of prices is upward, particularly with rising industrial and investment demand.
Despite market fluctuations, especially since silver is influenced by factors such as interest rates, the U.S. dollar, geopolitical tensions, and tariffs (like those imposed by the Trump administration), the market is expected to correct itself quickly.
So, between gold and silver, prices are rising fast. If predictions hold true, the price of an ounce of gold could reach $5,000 by 2028. As for silver, it's still too early to tell, but it's moving in the same upward direction. Who knows, this time it might not stop at $50—or even $100!
And now you have the answer.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Nahar Net
2 days ago
- Nahar Net
Man United completes signing of Brazil forward Matheus Cunha
by Naharnet Newsdesk 12 June 2025, 16:54 Manchester United completed the signing of Brazil international Matheus Cunha from Wolverhampton Wanderers on Thursday. The 26-year-old forward signed a five-year contract to 2030, with the option of a further 12 months. "Ever since I was a child in Brazil watching Premier League games on TV at my grandmother's house, United was my favourite English team and I dreamed of wearing the red shirt," Cunha said. United paid a reported 62.5 million pounds ($84 million) for Cunha, who is expected to be one of several signings for the fallen Premier League giant as coach Ruben Amorim looks to overhaul his squad following a woeful season. Cunha scored 17 goals for Wolves last season. The United attack had the fifth worst scoring record in the English top flight last term. "All my focus is now on working hard to become a valuable part of the team, and helping get this club back to the top," he said. United was 15th in the standings, its worst position since the Premier League era began in 1992. It also had its most losses in a Premier League season and recorded its lowest points total. The joint record 20-time English champion has gone 12 years without the title since last winning it in former manager Alex Ferguson's final season in 2013. "Bringing in Matheus was one of our main priorities for this summer, so we are delighted to have completed his signing so early in the window," said Jason Wilcox, United director of football. "He has proved his ability to succeed in the Premier League as one of the most exciting and productive forwards in England during his time at Wolves, and before that in Spain and Germany. "He has all the qualities we are looking for as we seek to build a strong, dynamic and entertaining team capable of challenging for the biggest honors." As well as Cunha, United is also interested in Brentford forward Bryan Mbeumo,
Ya Libnan
04-06-2025
- Ya Libnan
An outline is emerging of the US offer to Iran in their high-stakes nuclear negotiations: Analysis
DUBAI, United Arab Emirates (AP) — The outline of the U.S. offer to Iran in their high-stakes negotiations over Tehran's nuclear program is starting to become clearer — but whether any deal is on the horizon remains as cloudy as ever. Reaching a deal is one of the several diplomatic priorities being juggled by U.S. President Donald Trump and his trusted friend and Middle East envoy Steve Witkoff . An accord could see the United States lift some of its crushing economic sanctions on Iran in exchange for it drastically limiting or ending its enrichment of uranium. But a failure to get a deal could see tensions further spike in a Middle East on edge over the Israel-Hamas war in the Gaza Strip . Iran's economy , long ailing, could enter a free fall that could worsen the simmering unrest at home. Israel or the U.S. might carry out long-threatened airstrikes targeting Iranian nuclear facilities. And Tehran may decide to fully end its cooperation with the United Nations' nuclear watchdog and rush toward a bomb. That makes piecing together the U.S. offer that much more important as the Iranians weigh their response after five rounds of negotiations in Muscat, Oman, and Rome Possible deal details emerge A report by the news website Axios outlined details of the American proposal, the details of which a U.S. official separately confirmed , include a possible nuclear consortium enriching uranium for Iran and surrounding nations. Whether Iran would have to entirely give up its enrichment program remains unclear, as Axios reported that Iran would be able to enrich uranium up to 3% purity for some time. Iran's 2015 nuclear deal with world powers, negotiated under then President Barack Obama, allowed Iran to enrich to 3.67% — enough to fuel a nuclear power plant but far below the threshold of 90% needed for weapons-grade uranium. Iran now enriches up to 60%, a short, technical step away from weapons-grade levels. U.S. officials all the way up to Trump repeatedly have said that Iran would have to give up enrichment entirely. The English-language arm of Iranian state television broadcaster Press TV on Tuesday published an extended article including details from the Axios report. Iranian state television long has been controlled by hard-liners within the country's theocracy. Press TV extensively repeating those details suggests that either they are included in the American proposal or they could be elements within it welcomed by hard-liners within the government. Iranian media largely have avoided original reporting on the negotiations, without explanation. Iran's reaction The idea of a consortium enriching uranium for Iran and other nations in the Middle East also have come up in comments by other Iranian officials. Abolfazl Zohrehvand, a member of Iran's powerful parliamentary committee on national security and foreign policy, said that he understood that one of the American proposals included the full dismantlement of the country's nuclear program in a consortium-style deal. The Americans will 'make a consortium with Saudi Arabia, the (United Arab) Emirates and Qatar … on an island to keep it under U.S. control,' Zohrehvand told the Iranian news website Entekhab. 'Iran could have a certain amount of stake in the consortium, but enrichment would not take place in Iran.' Zohrehvand didn't elaborate on which 'island' would host the site. However, the Persian Gulf has multiple islands. The UAE already has a nuclear power plant , while Saudi Arabia is pursuing its own program . Qatar has said that it's exploring small nuclear reactors. A consortium could allow low-enriched uranium to be supplied to all those countries, while lowering the risk of proliferation by having countries run their own centrifuges. While a consortium deal has been discussed in the past, it has fallen through previously. Now, however, the Gulf Arab states largely have reached a detente with Iran after years of tensions following Trump unilaterally withdrawing the U.S. in 2018 from Tehran's nuclear deal with world powers. Meanwhile, Fereidoun Abbasi, a former head of the civilian Atomic Energy Organization of Iran, suggested on Iranian state television that one of Iran's disputed islands with the UAE could be a site for the project. Iran, under Shah Mohammad Reza Pahlavi, seized three islands in the Persian Gulf in 1971 as British troops withdrew just before the formation of the Emirates, a federation of seven sheikhdoms home to Abu Dhabi and Dubai. 'What do we need the U.S. for?' Abbasi asked. 'We have the know-how.' What happens next Iran likely will respond to the American offer in the coming days, possibly through Oman, which has been mediating in the talks. There also could be a sixth round of negotiations between the countries, though a time and location for them have yet to be announced. This coming weekend is the Eid al-Adha holiday that marks the end of Islam's Hajj pilgrimage , meaning talks likely wouldn't happen until sometime next week at the earliest. But the pressure is on. Iran's stockpile of highly enriched uranium could allow it to build multiple nuclear weapons, should Tehran choose to pursue the bomb. Western nations may pursue a censure of Iran at the Board of Governors at the International Atomic Energy Agency — which could see them ultimately invoke the so-called snapback of U.N. sanctions on the Islamic Republic. The authority to reestablish those sanctions by the complaint of any member of the original 2015 nuclear deal expires in October. 'There is still time for negotiating an agreement that reduces Iran's 'Given that Iran is sitting on the threshold of nuclear weapons and officials are openly debating the security value of a nuclear deterrent, any escalatory spiral could kill the negotiating process and increase the risk of conflict.'proliferation risk. But that time is short,' wrote Kelsey Davenport, the director for nonproliferation policy at the Arms Control Association. Khamanei rejects US proposal AP
LBCI
04-06-2025
- LBCI
From scoop to spike: Why your next tub of ice cream may cost more
Report by Lea Fayad, English adaptation by Karine Keuchkerian If ice cream is your go-to comfort when it's hot or you're stressed, brace yourself—prices could soon "melt" your budget. Supermarket ice cream may soon get more expensive due to a sharp increase in the global price of coconut oil, a key ingredient in many brands. Coconut oil helps ice cream maintain its texture and freeze properly. But the pressure isn't just coming from the dessert aisle. Demand for coconut oil is surging worldwide, fueled by its use in food products, cosmetics like shampoos and creams, and even as a biofuel alternative in some countries. This spike has already impacted the prices of other goods such as coffee and cocoa, which are also viewed as commodities for investment.
