Over the past year, the metals market has undergone dramatic changes, with precious-metal prices surging to record levels. Gold, for instance, climbed from around $3,000 an ounce in 2025 to more than $5,400 an ounce earlier this year. Silver followed a similar trajectory, rising from roughly $30 an ounce to over $100 during the same period.
Although silver has since pulled back slightly from its peak, the fundamental factors driving its rally remain firmly in place. As a result, some experts believe the metal could reach $200 an ounce later this year. Below, we examine the reasoning behind these forecasts.
Birch Gold Group financial market strategist Peter Reagan explains that while hitting $200 is within the realm of possibility, it would require circumstances well beyond the current market environment. He notes that silver remains undervalued compared to gold, which supports a bullish outlook, but a surge to that level would likely only happen in the event of a sharp acceleration in inflation or severe currency debasement.
Put simply, a rapid jump to $200 would almost certainly be accompanied by significant economic turmoil. This sentiment is echoed by Vince Stanzione, CEO of First Information, who warns that such price targets may come at a steep cost.
While he believes silver could eventually reach $200 before the next U.S. presidential elections, he suggests those gains would likely coincide with widespread currency devaluation. American Precious Metals Exchange’s marketing director, Brett Elliott, also argues that for silver to climb to $200, it would need to break away once more from its usual price pattern.
He emphasizes that only a severe shock could spark another rapid surge, adding that an event as serious as a major exchange failing to meet its obligation to deliver silver could potentially drive such a dramatic increase. He does, however, also add that while a wide range of outcomes is possible, that does not make such scenarios probable.
In theory, silver could surge again and reach or even exceed $200 per ounce, especially since physical supply limitations remain in place. However, he points out that from current levels, the metal would need to gain more than 250% this year, a move that history suggests is highly unlikely. Reaching such an exceptional price level would also depend on multiple market forces coming together at the same time.
For starters, there’d need to be a sharp variance between the metal’s supply and demand, cautioning that tight monetary policy or a stronger U.S. dollar could reduce demand, while higher prices may encourage increased mining output and recycling, further capping any price gains realized.
Whatever price trajectory plays out this year could impact the fortunes of exploration companies like Collective Mining Ltd. (NYSE American: CNL) (TSX: CNL) since price movement impacts market sentiment and ultimately drives investor interest.
About MiningNewsWire
MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.
MNW is where breaking news, insightful content and actionable information converge.
To receive SMS alerts from MiningNewsWire, text “BigHole” to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.MiningNewsWire.com
Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer
MiningNewsWire
Austin, Texas
www.MiningNewsWire.com
512.354.7000 Office
Editor@MiningNewsWire.com
MiningNewsWire is powered by IBN
Disseminated on behalf of LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) and may…
Chinese copper purchasers are lengthening their Lunar New Year holiday as prices hover near record levels, dampening…
Disseminated on behalf of Powermax Minerals Inc. (CSE: PMAX) (OTCQB: PWMXF) and may include paid…
Disseminated on behalf of ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) and may include paid advertising. ESGold Corp.,…
As an abundant element in the universe, hydrogen has an extensive range of applications, among them its use as…
Disseminated on behalf of ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) and may include paid advertising.…