智通财经网·2025-12-11 15:10Core Viewpoint - Precious metal stocks, particularly silver, are experiencing significant gains, with silver prices surging dramatically in 2023, driven by multiple favorable factors in the market [1] Group 1: Market Performance - On Thursday, silver stocks saw a broad increase, with Pan American Silver (PAAS.US) and Coeur Mining (CDE.US) rising over 3%, and Newmont Corporation (NEM.US) increasing by more than 2% [1] - Spot silver prices rose nearly 1% in a single day, with a year-to-date increase of 115%, currently priced at $62.39 [1] Group 2: Price Forecast and Analysis - Saxo Bank's report indicates that silver prices are expected to more than double by 2025, surpassing the $60 mark and setting a new historical high [1] - The bullish trend for silver is projected to continue into 2026, although there are potential risks that could disrupt this trajectory [1] - Ole Hansen, the head of commodity strategy at Saxo Bank, attributes the significant price increase to supply constraints, insufficient price elasticity in industrial demand, and market mismatches driven by policy [1]