If you are thinking about investing your savings in silver, you might be asking yourself — “Will silver prices increase?”
Let’s understand this in simple and clear words, without confusion.
What is the Current Situation of Silver?
At the beginning of 2026, silver showed strong performance. Prices went above $90 per ounce, which was around 26% growth in the early part of the year.
However, in the last week, prices corrected slightly and are now trading around $79–80 per ounce.
So the big question is — What will happen next?
What Are Experts Saying?
This is where things get interesting. There are two different opinions in the market.
Bullish Predictions (Price May Rise)
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Some analysts like Peter Schiff believe silver can reach $100 easily.
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Some forecasts even suggest ranges between $150 to $375.
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At one time, Bank of America suggested a long-term target near $300+.
Bearish Predictions (Price May Fall)
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Big institutions like JPMorgan believe silver could fall back near $50.
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Some experts say the current rally could be a market bubble.
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Recently, silver has also seen 7–10% short-term corrections.
So what is the real truth? Let’s understand the factors.
What Factors Affect Silver Prices?
1. Industrial Demand – The Biggest Factor
Silver is not only used in jewelry. Its biggest demand comes from industries.
Solar Panels:
Solar energy is the biggest demand driver. More solar panel production means more silver demand. In 2026, global solar capacity is expected to reach around 665 GW, which may require about 120–125 million ounces of silver.
Electric Vehicles (EVs):
Silver is used in EV batteries and electronics. As the world shifts to electric vehicles, silver demand is increasing.
Electronics and AI:
Mobiles, computers, AI chips, and advanced electronics use silver. As technology grows, silver demand also increases.
2. Supply Crisis
The major issue is that silver mining supply is not increasing as fast as demand.
Since 2021, the market has been facing supply deficits (demand higher than supply).
Some experts estimate that by 2030, silver demand could reach 48,000–52,000 tons, while supply may stay around 34,000 tons. That is a big gap.
3. Weak US Dollar
When the US dollar weakens, precious metals like silver and gold usually become more expensive.
Currently, some dollar weakness is helping silver prices.
4. Interest Rates
When central banks reduce interest rates, people prefer investing in metals instead of keeping money in banks.
Lower interest rates usually support silver prices.
5. Geopolitical Tensions
During global uncertainty like wars, trade disputes, or political tensions, investors move toward safe assets like silver and gold.
My Opinion – What Should You Do?
Short Term (Next Few Weeks / Months)
Silver may remain volatile. Prices can move up and down frequently.
If you want quick profit, it can be risky.
Long Term (1–2 Years)
Fundamentals look strong:
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Industrial demand is increasing
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Supply is limited
This combination generally supports price growth.
Should You Invest in Silver?
If You Want to Invest
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Don’t invest all savings at once
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Invest gradually (like SIP style)
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Don’t panic during price drops
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Keep long-term thinking
Who Should Avoid Investing
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People who need money urgently
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People who cannot handle market ups and downs
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People who invest only by following others blindly
Final Thoughts
Silver is a very interesting asset. It is not only a precious metal but also an industrial necessity.
With the growth of green energy, electric vehicles, and technology, silver demand is expected to grow in the future.
But remember — No one can predict markets perfectly.
Some experts say silver will go to $150+, while others say it can fall to $50.
Simple Advice
If you want to invest, do it carefully and based on your risk capacity.
Also, never depend on only one asset — always diversify your portfolio.
Because in investing, “Don’t put all eggs in one basket.”
