Jasmine Birtles
Your money-making expert. Financial journalist, TV and radio personality.

Silver has become one of the most closely watched commodities of 2026.
While gold continues to dominate headlines, silver has been attracting attention from investors thanks to its unique combination of safe-haven appeal and industrial demand. In fact, many analysts believe silver could benefit from some of the biggest investment themes of the decade, including artificial intelligence, electrification, renewable energy and data centre expansion.
But after a volatile start to the year, where could silver go next?
Let’s look at the latest silver price predictions from experts and explore the factors currently driving the market.
As of early June 2026, silver is trading around the mid-$70s per ounce after experiencing significant volatility throughout the first half of the year. The metal has recovered from its March lows but remains well below the record highs seen earlier in 2026. Recent price movements have been influenced by:
Silver recently climbed above $76 per ounce following renewed geopolitical uncertainty and falling Treasury yields, highlighting how sensitive the metal remains to macroeconomic developments.
One of the most widely followed silver forecasts comes from J.P. Morgan.
The bank expects silver to average around $81 per ounce during 2026, with quarterly forecasts ranging between approximately $84 and $85 per ounce throughout the year. Analysts cite ongoing supply deficits, strong retail demand and continued industrial usage as key drivers.
A Reuters survey of analysts places the average 2026 silver price forecast at approximately $79.50 per ounce.
This puts the consensus view broadly in line with J.P. Morgan’s outlook and suggests that many professional forecasters believe silver could remain close to current levels while gradually moving higher throughout the year.
According to forecasts highlighted during May 2026, Goldman Sachs remains among the more bullish institutions covering silver.
The bank reportedly expects silver to average somewhere between $85 and $100 per ounce, driven largely by demand linked to the green energy transition and industrial applications.
Among the most optimistic forecasts currently circulating is Citigroup’s target of $110 per ounce during the second half of 2026.
The bullish case is built on expectations of continued physical supply shortages and increasing industrial consumption. While this remains well above consensus estimates, it demonstrates just how positive some analysts remain on silver’s long-term outlook.
Silver, like gold, does not produce income.
This means rising bond yields and higher interest rates can make other investments more attractive. Recent expectations that central banks may keep rates elevated have created some pressure on precious metals.
Ongoing uncertainty in the Middle East has continued to support demand for safe-haven assets.
Whenever investors become nervous about global events, silver often benefits alongside gold. Recent market moves have highlighted this relationship once again.
One of the most interesting developments in 2026 is growing investor interest in silver’s role within AI infrastructure.
Silver is used extensively in:
As AI investment accelerates globally, some analysts believe silver demand could continue rising.
Silver markets have been experiencing structural supply deficits for several years.
Simply put, the world is consuming more silver than it is producing.
This imbalance continues to provide a supportive backdrop for prices and is one reason many analysts remain bullish.
Personally, I think silver is one of the most interesting assets available to long-term investors right now.
What attracts me is the fact that silver sits at the intersection of several huge long-term trends.
When you buy silver, you’re not simply buying a safe haven.
You’re also gaining exposure to:
That combination is difficult to find elsewhere.
Of course, silver can be volatile. I wouldn’t want my entire portfolio invested in it.
But as part of a diversified portfolio, I think silver offers something unique.
It has the defensive characteristics of a precious metal while also benefiting from industrial growth. That’s why many investors see it as a useful complement to stocks, ETFs and even gold itself.

This article is for informational purposes only and should not be considered financial advice. Investments can rise and fall in value, and you may get back less than you invest. Always conduct your own research before investing.
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