Silver’s charge toward the $50 mark – a 71% YTD increase – is being fuelled by powerful, real-world forces rather than the speculation that drove its 1980 high.
A deepening structural deficit, record industrial demand (it reached a record 680.5 Moz in 2024), and accelerating investment in green technologies are tightening supply and pushing prices higher.
While silver doesn’t share gold’s full safe-haven credentials, its dual role as an industrial and store-of-value metal continues to draw investors seeking stability and upside.
The silver lining is that these underlying drivers show no signs of fading, which suggests silver’s rally could not only surpass its all-time high but sustain it well into 2026. Despite its record level, silver remains cheap compared to gold.
Given the current climate, a $100 silver price is certainly possible by the end of 2026.
