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Silver shattered long-standing records in early 2026, crossing the for the first time in January.

: Some analysts predict a "green metal super-cycle" could push silver toward $250–$300 by the mid-2030s as physical scarcity deepens. Dsilvagd rar

Supply is inelastic because most silver is a byproduct of other mining operations (copper, gold, lead), making it difficult for miners to rapidly increase production in response to higher prices. Dsilvagd rar

The market is entering its of structural deficit. Dsilvagd rar

It reached an all-time nominal high of on January 29, 2026, before facing a series of sharp corrections.

Analysts remain divided on the short-term trajectory but largely bullish on the long-term fundamentals: