In October 2025, COMEX silver futures hit $53.765 per ounce, rising to $57.245 in November and $82.67 in December. By January 2026, the price surged to $95.78, continuing its climb from the 1980 high of $50.36. Gold surpassed its 1980 high in 2008, while silver took another 17 years.

The Silver Institute reported a structural market deficit for the fifth consecutive year in 2025. With gold projected to exceed $5,000 per ounce, the parabolic trend in silver has no clear peak. Gold and silver are viewed as hard currencies, with limited supplies boosting prices amid currency devaluation.

Geopolitical tensions and currency devaluation have increased gold and silver’s role as global currencies. Despite potential corrections, trends indicate higher prices. As silver continues its parabolic rally, investors should trade cautiously. A correction is expected, but predicting the top remains difficult.

Silver prices have entered uncharted territory in 2026, presenting challenges for technical analysis. With a history of sudden corrections, caution is advised in the current market environment. While silver may seem expensive, it could continue to rise. Approach with extreme caution as the risk of a severe correction grows.

Read more at Yahoo Finance: Can Silver’s Price Continue to Rise?