Silver Forecast For Year Ubs

last updated on

Silver Forecast For Year Ubs

Silver To Touch $55 Target In 2026 - Ubs

UBS has set a bullish target of $55 for Silver, and they believe it will be achieved by mid-2026. This comes at a time when silver is still under $50 despite having a strong bull run.

One thing that stands out in the silver market is the extreme volatility. It's normal to see daily swings of 2% or even more in the Silver, which makes it a highly volatile market.

Multiple Factors Support Higher Silver Price

On the way lower, there are several long-term support levels for Silver near $42, $40, and then $35. On the way up, the $54.50 is the record high for the Silver.

According to UBS, the silver prices will remain bullish and the precious metal will reach $55 by the mid of 2026. So, if we consider the silver forecast as true, it means we can also expect upside in Gold in 2026.

UBS also added that the recent drop in Silver is mainly due to profit-taking. So, it doesn't change the fact that the outlook for Silver remains bullish.

The bank believes that lower real interest rates, along with USD debasement, are in favor of Silver. Also, the global debt continues to rise, which means the global growth recovery will remain slow in 2026.

So, all of these factors will support the silver in the upcoming quarters. The bank also believes that the gold-to-silver ratio will shrink to 76x. In fact, the ratio can decline all the way to 70x, which will improve Silver's strength.

The overall backdrop will attract strong investment into the Silver. In fact, UBS also forecasts that the ETF holdings will also increase all the way up to 1021mn ounces in the coming months.

UBS has also issued a forecast of around $4200 for Gold. So, if we also consider the expected gold to silver ratio, it becomes clear that the target of $55/oz is very reasonable.

Trending Stories