Silver Price Prediction 2026: Can Silver Reach $200 or Even Higher?

Silver has staged one of the most aggressive rallies across global markets, surging to fresh all-time highs above $90 per ounce in early 2026. Fueled by geopolitical tensions, safe-haven demand, and growing interest in hard assets, the metal has dramatically outperformed gold on a percentage basis.

With silver now firmly in price discovery and analysts openly discussing triple-digit targets, investors are increasingly asking how far the rally can extend and whether the market could realistically reach $200 or beyond.

Why silver prices are surging in 2026

Silver’s recent surge has been driven by a convergence of macro and geopolitical forces. Escalating unrest in Iran, coupled with threats of military intervention from the United States, has pushed investors toward safe-haven assets. At the same time, renewed concerns over the independence of the US Federal Reserve have added to market uncertainty.

Although the US Dollar initially weakened following news of criminal charges against Fed Chair Jerome Powell, it later stabilized after global central bank leaders publicly backed the Fed’s autonomy. Even so, the episode reinforced demand for precious metals, with silver benefiting disproportionately due to its smaller market size and higher volatility.

Beyond geopolitics, silver continues to attract attention as a relative value play. Unlike gold, governments have not accumulated silver reserves at scale, leaving more room for speculative and investment-driven demand to influence price.

Silver technical analysis: breakout above $90

Silver price action over the past week. Source: CoinCodex

Silver has broken decisively above prior resistance levels, pushing into uncharted territory. The move above $80 in late December marked the beginning of a rapid acceleration phase, with price quickly extending toward $90 and briefly peaking near $91.88.

Momentum remains firmly bullish, but conditions are increasingly stretched. The 14-day RSI has pushed into overbought territory, reflecting strong buying pressure but also increasing the likelihood of short-term consolidation. Historically, silver has often paused or corrected modestly after such sharp advances before resuming its broader trend.

As long as price holds above the $80–$85 zone, the technical structure remains intact. A sustained move below that range would be the first signal that momentum is weakening, though for now, buyers remain firmly in control.

Robert Kiyosaki’s silver price target: $200

“Rich Dad Poor Dad” author Robert Kiyosaki has been one of the most vocal proponents of silver’s upside. As silver approached $80 in late December, Kiyosaki posted that $200 could be the next major target, a statement that gained attention after prices briefly pulled back and then surged to new highs.

Kiyosaki has also warned against emotional buying, urging patience during periods of heightened volatility. Earlier pullbacks from the $80 region toward $70 validated that caution, but the market’s rapid recovery reinforced the strength of the underlying trend.

Expert silver outlook: Catch-up potential remains

Market analysts broadly agree that silver retains significant upside potential relative to gold. Rafał Rak of InstaForex notes that silver could outperform further, as the metal has not yet experienced the same level of institutional stockpiling seen in gold markets.

Bogusz Kasowski highlights silver’s tendency for sharp but healthy corrections within strong uptrends. He points out that even sizable pullbacks often leave the broader structure intact, especially when prices have already gained substantially.

Attempts to suppress the rally through higher margin requirements on US exchanges have so far failed to derail momentum. Each correction has been met with renewed buying interest, suggesting strong underlying demand.

CoinCodex silver price prediction for 2026

​CoinCodex silver price prediction for 2026. Source: CoinCodex

CoinCodex’s silver price prediction points to a continuation of the current uptrend well into 2026. According to the forecast, silver could rise from current levels near $91 to approximately $387 by mid-July 2026, implying a projected gain of more than 300%.

The projected price path suggests sustained upside rather than a single parabolic spike, with silver expected to remain supported above current levels even during periods of consolidation. The model reflects ongoing macro uncertainty, strong speculative interest, and silver’s historical tendency to outperform gold during late-stage precious metals bull markets.

While such projections imply elevated volatility, they align with broader narratives around silver’s role as both a safe-haven asset and an industrial metal with constrained supply.