Just checked the silver charts again, and I have to say: This metal is currently on the move. A few months ago, we shot up over $121 per ounce, then came this crazy crash of over 30% within a few hours. I haven't seen anything like that in a long time. Now, the price is hovering around $83-84, and honestly, no one really knows which way it's heading.

What fascinates me: The silver price forecast completely divides analysts. Some see a lot of room to grow (Citigroup talks about $150), while others expect significant losses down to $50. Goldman Sachs simply warns of extreme volatility—which has been confirmed over the past few months. The structural supply deficit is real: for five consecutive years, demand has exceeded supply, and mine production is practically stagnant. At the same time, there’s strong industrial demand from Asia, the solar industry is booming, and electric cars need the stuff.

But the silver price forecast also heavily depends on the US dollar. With the new Fed chair, who is more restrictive, the dollar has strengthened, making silver cheaper for international buyers. That was the reason for the crash in January. If the dollar weakens again or inflation remains, silver could rise again. If not, things look rather bleak.

The fact is: Silver is no longer a safe haven like it used to be. The silver price forecast for 2026 is completely open. Some experts expect new all-time highs by 2030, while others are skeptical. Anyone looking to invest here should be aware that it’s extremely volatile and you can quickly lose money. I’m going to keep an eye on it for a while before making any commitments.