Strong industrial demand, a supply deficit and a weak dollar are all helping to push up prices, but analysts expect them to climb even higher. "For people holding physical silver, these price levels create a genuine opportunity to realise strong values," said London-based pawnbroker Jim Tannahill. "The silver supply/demand mismatch and US dollar weakness continue to boost the price of silver. The outlook for silver in 2026 is bright, but with a tad more volatility than this year," he said. "Putting a number on silver is difficult, but I believe $80/oz is easily achievable by the end of 2026."

Source: The Times December 16, 2025 04:00 UTC