New Delhi: Silver is doing wonders these days. Sometimes the price is higher and sometimes lower, it has become difficult to predict whether the price will rise or fall in the next moment. At the end of the year 2025, instead of the usual boom, different changes are being seen. After which investors are forced to think whether silver prices will suddenly fall in 2026 or will they create a new record of growth.
According to Bloomberg report, global silver prices had reached a record $ 84 an ounce on Monday, due to which there was considerable volatility. Despite the huge rise, there were ups and downs in the market. Silver prices reached its all-time high of Rs 2,33,311 per kg and the day’s low was Rs 2,33,279.
According to a report by Motilal Oswal, this instability did not arise suddenly but due to the shortage of supply that has been going on for years. The report cites a “vault drain crisis” at COMEX in late 2025, where 60% of registered reserves were claimed to be delivered in just four days. With China, the world’s largest refiner, imposing new export licensing rules from January 1, 2026, global supply is expected to fall further.
Motilal Oswal, adopting the stance of “buy on dips”, has set a target of Rs 2,46,000 per kg and a global price target of $ 77 per ounce.
Bucking the bullish trend, ‘Rich Dad Poor Dad’ author Robert Kiyosaki believes the bullish trend has just begun. He also expressed the possibility of the price of silver reaching $70 to $200 in 2026. Appealing to investors, he said that there is still time to buy.
Kedia Advisory has also raised its long price target to Rs 3,00,000, considering silver as an important “digital age metal” for clean energy, solar power and data centres. However, the path to reach these heights can be challenging. Kedia Advisory also expressed fear of possible ‘flash crash’. He said a decline of 28% to 30% cannot be ruled out, especially if ETF-based demand weakens.
According to InvestingNews.com, First Majestic CEO Keith Newmeyer has suggested that the price of silver could reach $100 or even $130 an ounce. While the $100 target remains realistic if supply constraints persist, analysts are increasingly considering more modest targets.