Latest news and stories about silver in Portugal for expats and residents.
The Portuguese Assay Office certified 4.6 million pieces in 2025, an increase of 2.5% compared to the previous year, despite activity being affected by the rise in gold and silver prices, said Director General Francisco Bastos.
Gold is traditionally a safe-haven asset against inflation, rising deficits, geopolitical tensions and general economic concerns. In a logic similar to 'stashing it under the mattress', investors buy tangible assets, including gold, when they are worried.
Silver prices have risen even faster than gold's — gaining more than 150% in 2025 — driven by strong investment demand, its inclusion on the US list of critical metals and a wave of acquisitions.
