Every silver price prediction and forecast from the analysts we follow and the big banks, plotted against the real silver price. Each one shows the day it was made, the exact words, and how it turned out, so you can judge the silver price outlook for yourself.
$48.73
Silver today, per ounce
$63 to $500
Range of open predictions
10
Predictions tracked
13 Nov 2026
Last updated
Silver price and predictions
Open, analyst
Open, bank
Reached
Target date passed
Dark line: silver price in US dollars per ounce. Each dot is one prediction, placed at its target date and price; a short line shows a price range. Gold dots are analysts and blue dots are banks. A green ring is a target that was reached, placed on the day it was reached. Every prediction is listed in the table below. The price scale is logarithmic so that very high targets fit.
Silver: bullishIndustrial demandInvestment demandPhysical marketSupply and deficitsEnergy markets
Peter Krauth says silver remains modestly undervalued and could reach $80-$85 before the end of 2026, supported by monetary and industrial demand.
He views $50 as a new floor for silver, barring a major black-swan event, after the metal held above its former record for months.
Exchange inventories have fallen sharply since deficits began, suggesting consumers have been drawing down existing stocks rather than relying on new mine supply.
Krauth argues reported deficits understate demand because silver entering ETFs is excluded; including ETF flows, last year’s deficit exceeded 300 million ounces.
Solar, electric vehicles, artificial intelligence and data centers should keep industrial silver demand strong, even if some solar manufacturers shift toward copper.
He considers substitution risks in solar overstated because copper is less efficient, requires costly factory changes and may produce shorter-lived panels.
The program also highlights growing demand for allocated physical gold outside the banking system, with vault operators expanding capacity for wealthy clients.
Krauth says geopolitical and energy-supply disruptions could accelerate solar, electrification and supply-chain investment, supporting silver demand and inflation.
Silver $80 to $85 by 31 Dec 2026Open
“So frankly I do think that it's it's still a little bit low. Uh it it something fairer it probably needs to be closer to about 80 85. So I think I think we're heading there this year.” at 11:31
Bank
J.P. Morgan: Silver Price Forecast for 2026 and 2027
Silver: bullishDebt and deficitsIndustrial demandMining stocksEnergy markets
Michael Oliver forecasts silver reaching $300-$500 per ounce during 2026 and says the metal will remain at those higher levels.
He attributes the expected move to monetary debasement and strong industrial demand.
Oliver says the projected prices would represent a new reality likely to surprise the market.
He expects silver-mining shares to outperform gold-mining shares.
The discussion also covers his outlook for oil and opportunities in the energy sector.
The supplied show notes do not give a specific gold-price forecast.],
topics:[
debt-and-deficits
industrial-demand
mining-stocks
Silver $300 to $500 between 1 Jan 2026 and 31 Dec 2026Open
“Michael Oliver is making a bold call: silver will surge to $300 to $500 this year, entering a new price reality, as monetary debasement and industrial demand pushes the metal to price levels that will shock the market.”
Bank
Commerzbank: Rate cuts in H2 will drive gold to $5,000 and silver to $90 - Commerzbank
Silver: bullishGold: bullishDebt and deficitsFed and ratesInflationMining stocksUS dollar
Schiff expects silver to reach $100 in 2026 and says gold should reach at least $5,000, with gold potentially reaching $6,000 if silver reaches $100.
He says Federal Reserve debt purchases amount to money creation and expects the program to expand, possibly into longer-dated Treasuries, during the first half of 2026.
Large US deficits, renewed quantitative easing and rate cuts should push inflation higher, with effects becoming especially visible by the second half of 2026.
He believes silver’s breakout above $50 removed major resistance, while private buying and limited available supply are helping drive the rally.
Schiff says gold has paused near $4,200-$4,300 and may be preparing for a catch-up move; he continues to favor mining stocks over physical metals.
He expects smaller mining companies to attract acquisitions or equity funding as producers generate large cash flows and seek to replenish reserves.
He sees potential for a failed Treasury auction or another unexpected event to trigger a crisis, though he does not know which catalyst will come first.
He expects the dollar to face serious pressure before authorities consider capital controls, saying a dollar index below 70 would be more concerning than 90.
Schiff says retail investors may return to gold and silver after Bitcoin’s weaker performance, while warning that Bitcoin could eventually suffer a major crash.
Silver $100 between 1 Jan 2026 and 31 Dec 2026Open
“I think $100 is a very realistic target for silver in 2026.” at 7:36
Banks usually publish a silver price forecast as a level for the end of a quarter or year, or as an average for the period, and revise it several times a year. Below is the latest forecast from each bank; the earlier ones are in the scoreboard above.
Citi$43 between 3 Sept 2025 and 3 Dec 20253 Sept 2025Target date passed
Silver price prediction 2026
6 tracked predictions have a target date in 2026. They range from $63 (J.P. Morgan) to $500 (Michael Oliver) per ounce. Silver trades at $48.73 today.
Silver price prediction 2027
2 tracked predictions have a target date in 2027. They range from $63 (J.P. Morgan) to $95 (Commerzbank) per ounce. Silver trades at $48.73 today.
How we track predictions
We only record a prediction when the person or bank names a price and a time. Each entry keeps the exact quote and a link to the source. A price target counts as reached when silver trades at that price on any day after the prediction was made, up to the target date. If the date passes first, we show the silver price on that date. Average forecasts for a quarter or year are compared with the real average once the period is over, and count as reached when the real average is within 5 percent of the forecast. Most forecasts miss, so read them as opinions, not as advice.
What is the silver price prediction for the coming years?
The 8 open silver price predictions we track range from $63 to $500 per ounce. Each one is listed above with its target date, who made it and the exact words.
How high will silver go?
Nobody knows. The highest open prediction we track is $500 per ounce, from Michael Oliver, with a target of between 1 Jan 2026 and 31 Dec 2026. The chart shows how that compares with the other predictions and with the price so far.
How do you decide if a silver price prediction came true?
A price target counts as reached when silver trades at the target price on any day after the prediction was made, up to its target date. If the target date passes first, we show the silver price on that date. A bank's average forecast for a quarter or year is compared with the real average once the period has ended, and counts as reached when the real average is within 5 percent of the forecast.
Where do the silver price predictions come from?
From public interviews with well known precious metals analysts and from published forecasts by banks. Every prediction links to its source, and for interviews to the moment in the video where it is said. We do not make price predictions ourselves.
Are these silver price predictions investment advice?
No. They are other people's opinions, collected so you can compare them and see how earlier ones turned out. Most price predictions miss, including those from large banks. Do your own research before you buy or sell.
Predictions shown here are the opinions of the people and institutions named. They are for information only and are not investment advice.
Disclaimer: Information on GoldSilverAI is for educational purposes only and is not intended as financial advice. Consult a professional advisor before making investment decisions.
Watch on YouTube
