I just looked at the silver price charts again and realized: this market is currently completely crazy. In early 2026, silver hit an all-time high of over $121, then crashed over 30% within 30 hours. That hadn't happened since 1980. Now the price is bouncing between $80-$90.

What fascinates me: the reasons behind it are actually bullish. The silver market has been running a deficit for the sixth consecutive year – demand far exceeds supply. Industrial applications in solar, electric vehicles, and AI infrastructure are booming. Physical demand from Asia was so high that bars were sometimes sold out within hours. This points to further rising silver price forecasts.

But there are also bears: a stronger US dollar puts downward pressure on the price, and uncertainty remains high. Analysts are divided – some see $150, others expect $50. This shows how unpredictable silver price forecasts are right now.

The fact is: after years of sideways movement, silver gained over 140% in 2025. Whether the rally continues depends on monetary policy and dollar strength. I’m keeping an eye on it for my portfolio – too much volatility to ignore easily.