As of March 6, 2025, the increase in the price of silver per ounce outpaced that of the price of gold year-to-date, with silver climbing by 11.5% and gold by 9.7% during that time. The price of gold typically influences the price of other metals like silver and platinum, but that does not necessarily mean that gold will always outpace these other safe havens when prices are climbing.
Investors keen to capitalize on silver's impressive run so far this year—especially given that the S&P 500 is down nearly 2% year-to-date as of March 7—might turn to a number of silver-specific mining companies. While many mining operations conduct operations involving multiple precious metals and other resources, the companies below are primarily focused on silver, making them among those in the industry most likely to be swayed by the metal's spot price.
