Silver Extends Rally into 2026

2026-01-02 03:15 By Kyrie Dichosa 1 min. read

Silver climbed more than 3% toward $74 per ounce on the first trading day of 2026, extending its bullish run from its strongest year on record.

The precious metal surged 148% last year, breaking through several key levels, supported by its designation as a critical US mineral, tight supply conditions, low stockpiles, and strengthening industrial and investment demand.

The rally has also been reinforced by the rollout of broad US trade tariffs and expectations of looser US monetary policy.

Minutes from the FOMC’s December meeting, released earlier this week, showed growing openness to rate cuts if inflation continues to ease, although policymakers remain divided over the timing and scale.

Geopolitics also continued to lift safe-haven appeal, as the US tightened restrictions on Venezuela’s oil exports and renewed Russia-Ukraine attacks over the New Year period damaged Black Sea ports and key energy infrastructure.



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