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Here’s What Needs to Happen for Silver to Reach $100 in 2026

BeInCrypto
Silver's surge to near $86 is driven by geopolitical uncertainty, expected Fed rate cuts, and a weakening dollar, with $100 requiring sustained industrial demand and supply constraints.

Summary

Silver (XAG) is experiencing significant gains, trading near its all-time high of $85.94, following a 160% growth over the last year. This surge is attributed to several factors: investors seeking safe-haven assets amid geopolitical uncertainty (like the US intervention in Venezuela), expectations of the US Federal Reserve cutting interest rates in March, and a weakening dollar. Industrial demand from sectors like electric vehicles and renewable energy is also strong. For silver to reach the $100 per ounce target by 2026, several bullish forces must align: industrial demand must remain robust due to growth in solar and electronics, mining supply must remain constrained, and silver must maintain its appeal as a safe haven and inflation hedge. More extreme triggers, like runaway inflation or a major financial crisis, would be needed for prices significantly above $100. Investor Peter Schiff believes the market is in the early stages of the biggest precious metals bull market in history.

(Source:BeInCrypto)