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Silver Just Hit a 13-Year High -- and Forecasts Say It Could Triple

Newswire.ca - Wed Jul 2, 2025 Press Release

USA News Group News Commentary

Issued on behalf of Magma Silver Corp.

VANCOUVER, BC, July 2, 2025 /CNW/ -- USA News Group News Commentary – Silver has officially broken through 13-year highs, with prices surging past $36 per ounce — a move some analysts are calling a generational technical breakout. Since January, the metal has climbed from $28.92, triggering a wave of activity as Americans rush to cash in on old coins and jewelry. But the real signal may be ahead, as long-term demand drivers in industrial and green tech sectors continue to build a case for silver miners. For investors looking to position early in this unfolding silver story, several miners have issued fresh updates, including from Magma Silver Corp. (TSXV:MGMA.VN) (OTC-BB:MAGMF), Silvercorp Metals Inc. (NYSE-American:SVM) (TSX:SVM.TO), Vizsla Silver Corp. (NYSE-American:VZLA) (TSX:VZLA.TO), Discovery Silver Corp. (TSX:DSV.TO) (OTCQX:DSVSF), and MAG Silver Corp. (NYSE-American:MAG) (TSX:MAG.TO).

Symbol	Last	Chg	%Chg
DSV.TO	8.91	-1.17	-11.61%
Discovery Silver Corp
UBS	43.77	-1.08	-2.41%
UBS Group Ag ADR
VZLA.TO	5.88	-0.84	-12.50%
Vizsla Silver Corp
MGMA	0.0001	unch	unch
Metro Global Media Inc
SVM	9.58	-1.04	-9.79%
Silvercorp Metals Inc
MAG.TO	34.38	+0.97	+2.90%
MAG Silver Corp
VZLA	4.29	-0.65	-13.16%
Vizsla Silver Corp
MAG	24.47	-0.29	-1.17%
MAG Silver Corp
MAGMF	0.2113	-0.0207	-8.92%
Magma Silver Corp
^MTLBTC	0.0000041	unch	unch
Metal / Bitcoin
MGMA.VN	0.290	-0.015	-4.92%
Magma Silver Corp
SVM.TO	13.16	-1.38	-9.49%
Silvercorp Metals Inc
DSVSF	6.5000	-0.8600	-11.68%
Discovery Silver Corp