Silver price prediction futures: Silver prices shocked markets in 2026 after hitting $121 an ounce, then crashing over 30% in days. Federal Reserve leadership signals, a stronger U.S. dollar, and surging retail speculation drove extreme volatility. Most institutional analysts, including those at Bank of America and Citi, view $100 to $120 as a more sustainable upper bound for 2026. They warn that a $200 price point would likely be a temporary spike driven by a "gamma squeeze" in the options market rather than a fundamental fair-value assessment.
