Can The Silver Price Rise To $100?

10.22.24 - Can The Silver Price Rise To $100?

Gold last traded at $2,747 an ounce. Silver at $34.80 an ounce.

Can The Silver Price Rise To $100? -Investing Haven

Silver might rise to $100 /oz in the timeframe 2027-2028.

Silver requires either exceptional market conditions like rising inflation or an extreme shortage in order to rise to $100 /oz which might not be its endpoint once it clears ATH at $50.

October 21st - Silver charts are updated to reflect recent silver price action. In this article, we do a big picture analysis.

Note - We don't see any value in silver news, certainly not fundamental precious metals news.

Our latest silver prediction is based on historical data, market correlations and chart readings. It's a data driven way to analyze precious metals, in the exact same way we successfully analyze other markets.

Just to be clear, the analyst team at InvestingHaven is unbiased. No silver perma-bulls over here.

An important quote from the article mentioned above:

To be honest, our viewpoint is that all conditions are in place for silver to run to its two higher targets: $34 and $50. The question why silver is not trading at those levels is a good question to ask. The 'silver manipulation' theme comes up as an answer. Concurrently, the other answer that comes up is 'opportunity': if an asset is undervalued, it usually is a matter of time until a rebalancing act occurs.

With that said, we will take a big picture viewpoint in this article. While the points outlined above are relevant in 2024 and 2025, we think in terms of "how high can silver go this decade" in this article.

Remember, a silver price rise to to $100 an Ounce is not an idea that will materialize in 2025. It marks a secular cycle top, most likely, later this decade.