Silver Surges to New All-Time High as Analysts Predict Rally Toward $300
Silver hit a historic high above $95 per ounce, driven by geopolitical tensions and strong industrial demand, with some analysts forecasting a rise to $300 by 2026.Summary
Silver prices soared to a historic high exceeding $95 per ounce, marking a 31% year-to-date increase, fueled by heightened geopolitical tensions following new tariff actions and strong safe-haven demand. The rally is also supported by expectations of Federal Reserve rate cuts and tightening physical market conditions, alongside accelerating industrial demand from sectors like solar energy and EVs. Silver is now the second-largest asset by market capitalization, trailing only gold. Analysts see $100 as an attainable near-term goal, with some, like Peter Schiff, suggesting it could be reached imminently. More aggressively, some forecasts predict silver could reach $300 by 2026, citing a structural imbalance where short positions held by banks are mathematically difficult to cover given that industrial demand already consumes about 60% of annual global supply. Michael Widmer of Bank of America projected a range between $135 and $309 for 2026.
(Source：BeInCrypto)