CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67.52% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.

SILVER

Special Reports - 22/12/2025

22 December, 2025

The example below uses Contracts For Difference (CFDs). Calculations are only on the price of the specific instrument on the date below and calculations indicate a possible profit or loss. No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk.

SILVER weekly special report based on 1.00 Lot Calculation:

SILVER MARKET: HIGHER DEMAND AMID SUPPLY SHORTAGES LEADS TO A WIDENING DEFICIT

  • MARKET DEFICIT: SILVER MARKET REMAINS IN DEFICIT SINCE AT LEAST 2016. The silver market is expected to face a deficit of around 315 million ounces in 2025. While the market has been in deficit since 2016, the shortfall has grown significantly since 2022.
  • SUPPLY CONSTRAINTS: SILVER PRODUCTION REMAINS AROUND 800 MILLION OUNCES PER YEAR. Annual production has held near 800 million ounces in 2025, remaining largely unchanged since 2016. There is no clear indication that output will be meaningfully higher in 2026 or the following years.
  • DEMAND REMAINS STRONG: SOLAR PANELS, ELECTRIC VEHICLES AND A.I. INFRASTRUCTURE. Silver demand is expected to reach approximately 1,150 million ounces in 2025, with further increases anticipated in 2026 and beyond due to rising demand from solar production, electric vehicles, and rapidly expanding A.I. data center infrastructure.

EVENTS

  • TUESDAY, DECEMBER 23 AT 13:15 GMT: US ADP EMPLOYMENT CHANGE WEEKLY. A weaker than expected ADP employment reading would point to a softer U.S. labor market, reinforcing expectations for further Fed rate cuts, conditions that typically support silver prices. Recent data already show rising unemployment at 4.6%, the highest level since November 2021, alongside moderating inflation, with CPI at 2.7%.

US FEDERAL RESERVE:

  • BREAKING (WEDNESDAY, DECEMBER 10): US FEDERAL RESERVE CUT THEIR INTEREST RATE TO 3.75% FROM THE PREVIOUS 4.00%. This is their third consecutive rate cut, following those on September 17 and October 29, 2025. It marks the lowest rate since September 2022.
  • EARLIER:

OCTOBER 29, 2025: US FEDERAL RESERVE CUT INTEREST RATE TO 4.00% FROM 4.25%.

SEPTEMBER 17, 2025: US FEDERAL RESERVE CUT INTEREST RATE TO 4.25% FROM 4.00%.

SILVER PRICE ACTION: LAST TWO TIMES TIME (SEPTEMBER AND OCTOBER): Following the last two interest rate cuts (September and October 2025) by the FED, silver rose on average by 9.18% after ten days and 21.21% after one month.

Data Source: MetaTrader 4 Platform

Please note that past performance does not guarantee future results

TECHNICAL ANALYSIS:

  • SUPPORT: $66 - $64. In December, silver prices broke above the $66 level for the first time ever. Following the breakout, the zone between $66 and $64 has now become silver’s new support area.
  • SILVER PRICE HIT A NEW ALL-TIME HIGH ON DECEMBER 22, 2025 ($69.430). Silver price has broken out to a new all-time high of $69.430, confirming the strong uptrend since the beginning of 2025. Silver has now gained more than 130% so far in 2025. However, the price could also decline.
  • ANALYSTS’ OPINION: CITIGROUP forecasts $70.

GRAPH (Daily): May 2025 – December 2025

Please note that past performance does not guarantee future results

SILVER, December 22, 2025.
Current Price: 68.70

SILVER

Weekly

Trend direction

UP

Resistance 3

80.00

Resistance 2

77.00

Resistance 1

73.00

Support 1

65.00

Support 2

64.50

Support 3

64.00

Example of calculation base on weekly trend direction for 1.00 Lot1

SILVER

Pivot Points

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

Profit or loss in $

113,000

83,000

43,000

-37,000

-42,000

-47,000

Profit or loss in €2

96,303

70,736

36,646

-31,533

-35,794

-40,055

Profit or loss in £2

84,124

61,790

32,012

-27,545

-31,267

-34,990

Profit or loss in C$2

155,574

114,271

59,201

-50,940

-57,824

-64,708

  1. 1.00 lot is equivalent of 10,000 units
  2. Calculations for exchange rate used as of 09:10 (GMT) 22/12/2025

There is a possibility to use Stop-Loss and Take-Profit.

  • You may wish to consider closing your position in profit, even if it is lower than suggested one.
  • Trailing stop technique could protect the profit.
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