UBS has issued an optimistic forecast for silver prices, projecting a significant increase by the end of this year and into 2026. This prediction comes amid rising commercial demand for the metal and heightened geopolitical tensions, making silver an appealing investment option for many. The report highlights positive developments indicating that sustained industrial demand, combined with increased investor interest as a safe-haven asset, could drive further price appreciation.
UBS Strategists Predict Silver Price Surge
According to UBS strategists Dominic Schnider and Wayne Gordon, silver could reach $44 per ounce by the end of 2025 and potentially climb to $47 by 2026. The analysts attribute this bullish outlook to a combination of factors, including:
- Increased industrial usage of silver
- Ongoing fiscal deficits in the United States
Drivers of Demand for Silver
The recent surge in silver's commercial applications has been a key driver of demand, as industries increasingly turn to the metal for its conductive properties. Furthermore, the current geopolitical climate has led investors to seek safe-haven assets, further bolstering silver's appeal.
Growth of Silver ETFs
In addition to these factors, silver exchange-traded funds (ETFs) have experienced remarkable growth, with an addition of 20 million ounces this quarter alone. This influx of investment into silver ETFs reflects a growing confidence in the metal's future performance, supporting UBS's bullish sentiment and suggesting that silver may be on the verge of reaching all-time highs.
Currently, analysts are closely monitoring the impact of tariffs on Apple's growth potential, as detailed in a recent report. For further insights on this topic, you can read the full article here.
