In the precious metals market, the price of silver per ounce surpassed $55, reaching its highest peak since the 1980s. It rose to as high as $54.20 during the day.

This record-breaking surge is driven by global economic uncertainty and signals from the US Federal Reserve (Fed) to cut interest rates. Geopolitical tensions have driven investors to seek safe havens, and silver has become a preferred asset alongside gold. Analysts note that industrial demand is also a factor: Silver plays a critical role in solar panels, electronics, and medical devices. This movement, in line with Deutsche Bank's average forecast of $55.1 for 2026, reflects increasing industrial use.
Market experts predict a test of $56 in the short term. However, volatility is high, and fluctuations in the dollar carry risks. Their advice to investors: Portfolio diversification and a long-term perspective. Silver's shine is like a mirror of the global economy—bright but fragile.
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