Silver price forecast this silver price forecast integrates

This silver price forecast integrates macro and microeconomic factors. Slowdown in mine expansion juxtaposed with rising electronic goods production may sustain current bullish bias, keeping prices anchored in the $28–$29 channel. Silver recorded an even more impressive performance, benefiting not only from its safe-haven status but also from growing industrial demand. As of 1 October, the front-month silver futures contract was trading near $47.20 per oz, having clocked a colossal YTD rise of nearly 70%. By the end of 2026, silver prices might trade above $50, driven by supply-demand dynamics, rising precious metal prices, and increasing industrial use, particularly in green energy.  Here are a couple of factors that are going to define silver’s price trajectory in the coming years – Analysts comparing silver’s trajectory to gold note increased correlation in recent months. Silver price forecast suggests $29.00 is attainable pre-year-end, assuming continued ETF accumulation and strength in manufacturing PMI readings globally.